Economic Collapse

[basserdan]

2:00p Fed minutes: 'Many' on Fed back interest rate hike 'fairly soon' if economy stayed on course or strengthens

2:00p Fed minutes: Some sense on central bank that they may have to rip up policy script soon

2:00p Fed minutes: Smaller group wanted central bank to go slow

2:00p Fed minutes: Sizable minority predicts interest rates may have to rise more quickly than expected

2:00p Fed minutes: Majority backs continued gradual interest rate hikes

2:00p Fed minutes: Uncertainty over Trump fiscal policy major stumbling block

2:00p Fed minutes: No talk of shrinking balance sheet other than to agree to discuss it later


2:02p 10-year yield off half a basis point at 2.423%

2:03p Gold jumps 0.3% from settlement price after Fed minutes to $1,237.40 an ounce

2:04p U.S. dollar turns negative against the dollar and the euro after Fed minutes