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Rise in Core Inflation | Current Market Sentiment

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    There is no trade call for the session. Yesterday’s NY session saw the Fed keep rates on hold as expected, however the overall communication was much more dovish than the market anticipated in light of the recent rise in core inflation. Current Market Sentiment: The Fed’s dot-plot rate forecasts were downgraded from seeing an average of four hikes through 2016 in December, to now only two. This was below the markets expectations of a revision to three hikes for this year. Growth and inflation

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