12 Jun 2015
FOMC meeting in the limelight next week – TDS
FXStreet (Edinburgh) - Strategist Jacqui Douglas at TD Securities gives her view of what we can expect from the FOMC at its meeting.
Key Quotes
“The June FOMC meeting keeps the dream alive, the July meeting is best viewed as a set up for higher rates, and then September as follow through”.
“That view should be reinforced by the meeting next week”.
“As for the dots, the big question is whether the 2015 dot, currently nestled at 0.625% (two rate hikes) will shift lower – we think that it’s possible, but not probable”.
Key Quotes
“The June FOMC meeting keeps the dream alive, the July meeting is best viewed as a set up for higher rates, and then September as follow through”.
“That view should be reinforced by the meeting next week”.
“As for the dots, the big question is whether the 2015 dot, currently nestled at 0.625% (two rate hikes) will shift lower – we think that it’s possible, but not probable”.