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What To Expect From FOMC? - Views From 20 Major Banks
The following are the expectations for today's FOMC October decision as provided by the economists at 20 major banks along with some thoughts on the USD into the event as provided by the FX strategists at these banks. Goldman Sachs: We do not expect significant changes in the October FOMC statement. The statement is likely to acknowledge slower payroll gains while still describing growth as "moderate." We would view such an outcome as indicating that, despite the weaker-than-expected recent data, the leadership's baseline for liftoff remains December. Morgan Stanley: The market appears to be expecting very little ... (full story)
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