Aug 27
FOMC: Continued wide disagreement
Overview : The minutes from the August 5 monetary policy meeting were released last night at 20:00 CET. Compared to the meeting statement and the recent Fed communication the minutes did not reveal much new information. However, the disagreement within the committee remains wide; the general impression from the minutes is that the monetary policy will remain on a firm hold for now. Given this 'well-anticipated' message the market reaction was generally muted, with the Treasury curve moving
