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Beware the FED

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: We get housing star ts, industrial production and CPI this morning before the Fed statement at 2 pm ET and the press conference at 2:30 pm. CPI is the important one. The most recent release indicates core CPI up 1.7%. The PCE price index is up 1.3%. On Monday, the NY Fed released a survey from Feb showing consumers expect inflation to rise 2.7% over the next year, up from 2.4% in Jan. This is a critical finding because the Fed cares as much about inflation expectations as about the

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