Audio preview: Taking a look at the Fed Minutes - ConsultFX

Audio preview: Taking a look at the Fed Minutes

The FOMC minutes are due at 1900 GMT (2 pm ET) December's FOMC decision was a controversial one. Despite intense risk liquidation and instability in the fourth quarter, the Fed failed to live down to market calls for a dovish hike, instead maintaining what could have been viewed as a stubborn rigidity.