FOMC Minutes Preview: Will Fed leave the door open for interest rates?

Investors await the Fed’s latest FOMC meeting minutes after several regulators have comments on the current state of inflation and the importance of data-driven decision-making on interest rates going forward.

A lot of what investors think the minutes will reflect today is consensus view from the officials and whether or not they are leaning more dovish or whether or not they’re just going to become incredibly neutral leaving the door open for potential more work on interest rate hikes

Looking to earnings results and US growth forecasts, recession risk is still present on the scene, including where markets could be pushed into a correction.