Fed Minutes Unlikely to Shift Dollar’s Course: Analyst

While upcoming Federal Reserve minutes are anticipated to provide insights into the central bank’s recent thinking, analyst Antje Praefcke of Commerzbank suggests they are unlikely to significantly impact the US dollar. She highlights that these minutes may unveil differences among policymakers, but such variations aren’t surprising. Praefcke emphasizes the crucial role of future inflation and job market developments in guiding the Fed’s decisions. However, hampered by a U.S. government shutdown, official data releases have been delayed, rendering it impractical to react to past statements from Federal Reserve officials until new information becomes available.