Fed officials agree to lift in Dec - BNPP

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Guatemala) - Analysts at BnB Paribas noted that this week was full of speeches from Fed officials. More or less explicitly, they seem to agree on lifting rates in December.

    Key Quotes:

    "The start of the cycle getting closer and becoming a nonissue, Fed officials are back on emphasising their expectations of a very gradual path.

    The dots – projections for the Fed Fund Target from FOMC members – provide a clear illustration of the message: monetary policy will keep on providing the necessary support for a prolonged period.

    However, the current level of accommodation has to be downsized: failing to do so would ultimately be causing risks on the economic outlook and the financial stability."
    For more information, read our latest forex news.
     

Share This Page

free forex signals