The Federal Open Market Committee (FOMC) held the federal funds rate at a target range of 3.50% to 3.75% at its July meeting, with three dissents in favor of a 25-basis-point rate increase. The minutes reinforce that the Fed’s communication strategy has shifted under Chair Warsh. The Committee appears intent on reducing explicit forward guidance […]The post FOMC Minutes Show Fed Trying to Communicate Less Without Saying Less appeared first on ActionForex.