But if I knew how to manage my portfolio safer and smarter than most hedge fund managers, I could realistically grow my wealth.
The FOMC minutes for the Fed’s meeting on June 17–18
The Fed usually releases the minutes of its Federal Open Market Committee, or FOMC, meetings about three weeks after each meeting. While a press conference and statement usually follow each FOMC meeting, a more detailed account of the FOMC comes from the meeting’s minutes. Both stock (OEF) and bond (BND) investors keenly watch for these minutes. The minutes give you clues to the Fed’s future monetary policy and the path of the Fed funds rate.
This week, on Wednesday, July 9, the Fed will release the minutes for the FOMC meeting that took place on June 17–18.
Key takeaways from the April FOMC minutes release
At its April FOMC, the Fed’s main focus was as follows.
What can investors expect at this month’s FOMC minutes release?
Another key report
In the next part of this series, we’ll discuss another major economic report from the U.S. Federal Reserve. This will come out on Tuesday, July 8. It will affect bond markets (BOND). Please read on to learn more.
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