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FOMC Minutes will show hawkish tones on lift-off timings but caution advised

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    More from BOA Merrill courtesy of our friends at efxnews.com Says BOAM Global Research: Following the first Fed rate hike in nearly a decade, market attention will turn to the December minutes to divine the timing of the second one - and, more generally, the pace of hikes. - but overall consistent with an expected gradual hiking cycle, at least initially. The market still sees a much lower end-2016 funds rate target than the FOMC, and thus will be looking for clues to what factors determine "gradual."

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