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Fed to stay on-hold next week, keep next rate hikes open-ended – WSJ’s Hilsenrath

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    WSJ’s Hilsenrath noted in his article published today that the Fed is likely to hold rates at its meeting next week on the back of uncertainties surrounding global markets.

    Key Quotes:

    Fed likely to hold at the meeting next week

    To leave open-ended when they'll next raise rates

    Citing uncertainties over markets and global growth

    Yellen to craft a message that gives the Fed flexibility to lift rates in April or June (should the economy perform well in the weeks ahead) ... but without committing to a move in case economic data disappoint or new market turmoil erupts
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