🚨 **FOMC Meeting Minutes – Key Takeaways** 🗓️
📌 **What are FOMC Minutes?**
* Released 3 weeks after each Fed meeting (8 times/year).
* Cover economic outlook, risks & policy talk.
* ❌ No forecasts (GDP, inflation, jobs, rates).
📌 **Where are forecasts?**
* In the **SEP (Summary of Economic Projections)**.
* Published only **4 times/year** (Mar, Jun, Sep, Dec).
* Includes the famous **“dot plot”** of rate expectations.
📌 **Why it matters?**
* SEP meetings → **Bigger market impact**.
* Non-SEP (Jan, Apr, Jul, Oct) → **Smaller impact**.
📌 **Today’s Release (July Meeting):**
* No SEP included.
* Powell didn’t commit to cuts.
* Some members hinted at **September cuts**.
* Softer PPI → Tone may lean **bullish 📈**.
👉 Markets watching closely for rate cut signals.
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**Infographic Caption (Binance-style):**
🎯 **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? 👀