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Fed says minutes to be released on time as offices close

Fed says minutes to be released on time as offices close© Reuters. FILE PHOTO: A police officer keeps watch in front of the U.S. Federal Reserve in Washington

SYDNEY (Reuters) – The U.S. Federal Reserve said minutes of its January policy meeting would be released on Wednesday as scheduled though its offices in Washington would be closed due to bad weather.

On its Twitter account, the Fed said: “Due to inclement weather, Federal Reserve Board offices in Washington, D.C. are closed today. The FOMC minutes will be released as scheduled at 2 p.m.” (1900 GMT)

Its calendar was also updated to show the change. It added that daily and weekly statistical releases would be published on the first business day that Fed offices in Washington reopen.

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Source: Investing.com

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