The Traderszone Network

Markets embraced the Fed minutes as a relatively dovish sign the Fed was not quite ready to move on hiking rates.

The following is SEB Group’s reaction to today’s FOMC minutes from the July
meeting.
Whilst most Fed officials judged that the conditions for
hiking rats had not yet been achieved at the July meeting, they noted that such
conditions were approaching. That conditions were approaching that point may
suggest that the Fed is eying liftoff as early as in September, although
elsewhere the text suggested otherwise.

The National Labor Relations Board is expected to rule, possibly within days, on a case that could drastically change the relationship between millions of workers and their employers.

We imagine what might happen if voters actually elect him.

California’s tax collector is developing a legislative proposal that would allow it to serve as something of a bank for the state’s legal marijuana sector.

The Fed suffered more embarrassment Wednesday after minutes of its July meeting, eagerly awaited by financial markets, were released early.
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Most Fed officials said conditions for a rate hike were “approaching,” suggesting that a September rate hike was a live option.
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