Markets shouldn't be too surprised when the minutes of last month's Federal Open Market Committee (FOMC) meeting are released this afternoon, unless there is some change in the U.S. Federal Reserve's tune on interest rates or tapering.
Here are the only things to watch for that could have an effect on markets today.
U.S. Federal Reserve System
- Why the Fed's 100th Birthday Could Be Its Last On December 23rd, the Federal Reserve will turn 100 years old. We can look back on its few successes... but its many failures far outweigh any positives it may have achieved. What's at stake now is the Fed's future. And it looks bleak. In fact, the Fed won't even exist in 100 years...