Blue-lined markup comparison of the August versus June Federal Open Market Committee statements below. Also see past Fed-Day reactions on this site, and prior statement markups here. Note in particular, the new paragraph on recovery support efforts below….
[Click Graphic Below to Enlarge]
Did today’s trade pattern surprise you? If it did, may I recommend Rob Hanna of Quantifiable Edges new e-book, “The Quantifiable Edges Guide to Fed Days“. It’s a tremendous compendium of over thirty years of Fed-day patterns and odds, and is well worth the small investment.
[...] @mrkt_rwnd: Here is the last Fed Statement for your Tuesday Prep: http://etfprophet.com/august-fomc-statement-comparison/ [...]