The minutes of the July meeting of the Federal Open Market Committee (FOMC) will be released on Wednesday 2pm (US time)

  • 17 August 2016 at 1800GMT
  • Analysts at UBS are saying that the statement accompanying the July announcement seems to be paving the way for a rate hike later this year
  • The committee referenced near term risks as having fallen
  • UBS say July started the clock for a countdown to a rate hike by year end
  • UBS are not looking for a hike in September
  • Looking to Yellen's August Jackson Hole speech to support the view for a hike on the way in December

Someone else waiting for December ...