FOMC: Expect no change in stance - Investec

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Research Team at Investec, suggests that after the London close we have the FOMC interest rate decision at 18:00 (due to clock changes) where they and the market are expecting no change.

    Key Quotes

    “However, Fed Chair Janet Yellen's accompanying press conference at 18:30 is likely to indicate that the hiking bias remains and the door is open for a 'data dependant' summer hike.”
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