Federal Open Market Committee (FOMC) Minutes
The minutes from last month’s FOMC meeting will be released at 2:00 PM ET. There is a pretty good possibility of the markets reacting to them following their release. Market participants will be looking for how Fed members voted during the last meeting and any comments about inflation concerns in the economy, economic growth and the Fed's potential plans for lowering key short-term interest rates again. If there is a market reaction to them, it will be evident during mid-afternoon trading. This is one of those events that can cause significant movement in rates after its release or be a non-factor. Therefore, be prepared for a move, but not surprised if there is no reaction.