Fed minutes to echo dovish tone - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Delhi) – Cristian Maggio, Head of Emerging Markets Strategy at TD Securities, expects that the minutes of the September FOMC meeting will be the key event for the day.

    Key Quotes

    “Our expectations is for the tone of the report to be relatively dovish, reflecting the concerns about the fallout on the growth and inflation outlook from the trifecta of weak energy prices, the strong dollar and the unsupportive global environment. Nevertheless, the report should continue to reinforce the hawkish policy bias towards a 2015 liftoff in rates.”

    “Fed District Presidents William (V, dove), Bullard (NV, hawk) and Kocherlakota (NV, dove) will be on the speaking circuit today, however, their remarks are likely to be a repeat of earlier comments.”
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