fed minutes, 2013-06-19
In contrast to the readings from financial market quotes, which suggested that investors had come to expect the FOMC to increase its target for the federal funds rate sooner than they previously had anticipated, the results from the Desk's survey of primary dealers conducted prior to the June meeting showed little material change, on balance, in the dealers' expectations of the most likely timing of the first increase in the federal funds rate target.
Sentiment: neutral
Topic: financial_stability