Congress takes break and Fed releases minutes

While Congress may be in recess this week Washington should generate news on Wednesday when the Fed releases the minutes from the January FOMC meeting.

The minutes take three weeks to get approval from all participants and as I have often said they serve as a fact check on the comments the Chair makes at his post-meeting press conference.

At both the post meeting presser and during his 60 Minutes interview Chair Powell expressed skepticism as to a March meeting rate cut.  The minutes...

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