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19 Mar 2014
Flash: Eyes on FOMC; any changes? - TDS
FXStreet (Guatemala) - Jacqui Douglas, Senior Global Strategist, Rates and FX Research at TD Securities explained that the Ukraine crisis fears seem to be fading, leaving markets fairly quiet ahead of the FOMC decision later today.
Key Quotes:
“All eyes will be on the FOMC”.
“We expect the Fed to make a major overhaul of its forward guidance and drop the unemployment rate threshold while adopting a more qualitative approach to ‘guidance’”.
“We also expect the Fed to announce another $10B taper in asset purchases”.
“The meeting will also feature Yellen’s first quarterly press conference”.
Key Quotes:
“All eyes will be on the FOMC”.
“We expect the Fed to make a major overhaul of its forward guidance and drop the unemployment rate threshold while adopting a more qualitative approach to ‘guidance’”.
“We also expect the Fed to announce another $10B taper in asset purchases”.
“The meeting will also feature Yellen’s first quarterly press conference”.