Market off the mark about the Fed - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Scotiabank explained that financial market volatility and credit stress is something policy makers will have to consider.

    Key Quotes:

    "But the US economy is tracking decent growth trends (2.5% in Q1, according to the Atlanta Fed’s GDPNow model) and recent data and surveys have indicated a further tightening in the US labour market."

    "We think the idea that the Fed will have to somehow concede that it has made a policy misstep is well wide of the mark."

    "Policy makers should not feel especially compromised by market-driven events at this point as they may prove transitory."
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