Fed to Release January Meeting Minutes Amid Scrutiny of Interest Rate Path

The Federal Reserve is set to release the detailed minutes from its January policy meeting later today, a move highly anticipated by global markets. Investors will closely examine the document for any indications regarding the future trajectory of interest rates and the central bank's latest assessment of inflation. The minutes are expected to shed light on the internal deliberations among FOMC members and the balance between hawkish and dovish stances. Market participants are looking for clarity on when the Fed might begin easing its restrictive monetary policy. This release typically triggers volatility across major asset classes, including the US Dollar, Treasury yields, and global equities. Consequently, instruments such as EUR/USD and Gold (XAU/USD) are likely to see significant price action following the publication.