toolate,
the fed met last month, and my question was in regards to fed minutes release.
These are the actuals minutes of the meeting, or in other words, what was said and discussed at the meeting.
You see, they raised rates on June 29, but did not make public what was said or discussed at the meeting, only to be released at a later time.
Well, here it is, this week the minutes to the meeting will be known:
"At the least, this week's news could help investors gain some clarity on the economy, for better or worse. Data on wholesale and consumer prices -- as well as minutes from the latest Federal Reserve meeting and expected congressional testimony from Fed Chairman Ben Bernanke -- could answer questions about whether to expect more interest rate increases."
http://biz.yahoo.com/ap/060716/wall_street_week_ahead.html?.v=5
I think with oil at an all time high, we should see another raise in rates soon.
It remains to be seen if wheather the minutes indicate a bias towards a raise, which I believe could bring more volitility to the markets.
Here are my thoughts on oil & rates back in January:
http://fe7.mb.mud.yahoo.com/Financial/Misc._Financial_Services/threadview?m=te&b
n=6767&tid=2404&mid=-1&tof=-1&rt=1&frt=2&off=1
I still believe earnings should be good this week!