I posted Barclays preview of the minutes earlier here
This now via Deutsche Bank, a real quickie:
- Inflation will likely be a heavily debated topic, but given the recent Fed speak, it appears that most voting members are looking through some of the recent weakness and prefer to continue the "gradual" removal of monetary accommodation
Well, that was quick ....
OK here's another. this via Nomura:
- The post-meeting press conference for the 19-20 September FOMC meeting highlighted the significant degree of uncertainty among FOMC participants about the causes of recent soft inflation
- Yellen sounded relatively hawkish on the short term during the Q&A session, indicating that while the weakness may not be well-understood, it should not be the cause to put off a hike in December
Along with the debate in inflation, expect:
- Some debate surrounding the FOMC's evaluation of financial conditions and asset prices
(bolding in the above is mine)
