The June FOMC Minutes: What to Watch Tonight
Nine officials wanted a hike. Then jobs collapsed. Tonight we find out how serious they were.
This content is for informational and educational purposes only and does not constitute financial advice. Always do your own research. Not financial advice (NFA).
Trump called the Iran ceasefire over this morning. Oil jumped 6% toward $78, stocks dropped, and gold fell on the day a war escalated, which tells you exactly what this market is scared of: inflation, not bullets. Into the middle of all that, at 7:00pm UK / 2:00pm ET tonight, the Fed publishes the minutes from Kevin Warsh's first meeting in the chair. Nine officials wanted a hike at that meeting. Since then jobs have cracked one way and oil has spiked the other, and tonight we find out how serious they were. A day like this deserves a proper breakdown, so this deep dive is for premium members only. Thank you for being one of them.
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Watch tonight's minutes breakdown as it happens.
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