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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

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    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."
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