FOMC minutes: Number of Fed officials saw the need to hike above long-run level - ConsultFX

FOMC minutes: Number of Fed officials saw the need to hike above long-run level

The minutes of the September 26 FOMC meeting - Gradual approach balances risk of going too fast and too slow - Almost all policy makers considered it appropriate to remove reverences to monetary policy being accommodative in statement. The market is seeing the minutes as hawkish on first blush. Here's what Morgan Stanley said before the release: