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6 Things To Look For In March FOMC Minutes
The minutes of the March FOMC meeting will be released and the focus will be on the discussion over adjusting the flow rate of asset purchases to the changing outlook. Important discussion points we expect to hear in the minutes include the following. 1) The Fed is predisposed to vary the pace of asset purchases. 2) This flexible policy is part of the Fed’s communication strategy, signalling policy direction to the markets. 3) The changes will be state-contingent, reflecting changes in the employment outlook. Theoretically, the data could suggest either an increase or a decrease asset purchases. 4) A group of ... (full story)
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