๐จ **FOMC Meeting Minutes โ Key Takeaways** ๐๏ธ
๐ **What are FOMC Minutes?**
* Released 3 weeks after each Fed meeting (8 times/year).
* Cover economic outlook, risks & policy talk.
* โ No forecasts (GDP, inflation, jobs, rates).
๐ **Where are forecasts?**
* In the **SEP (Summary of Economic Projections)**.
* Published only **4 times/year** (Mar, Jun, Sep, Dec).
* Includes the famous **โdot plotโ** of rate expectations.
๐ **Why it matters?**
* SEP meetings โ **Bigger market impact**.
* Non-SEP (Jan, Apr, Jul, Oct) โ **Smaller impact**.
๐ **Todayโs Release (July Meeting):**
* No SEP included.
* Powell didnโt commit to cuts.
* Some members hinted at **September cuts**.
* Softer PPI โ Tone may lean **bullish ๐**.
๐ Markets watching closely for rate cut signals.
---
**Infographic Caption (Binance-style):**
๐ฏ **FOMC Minutes in Focus**
* 8 meetings/year
* SEP only 4 times/year
* SEP = bigger market impact
* Today = July meeting (no SEP)
* Rate cut hints for September? ๐