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What To Expect From FOMC? - Views From 25 Major Banks
The following are the expectations for today's FOMC September policy meeting as provided by the economists at 25 major banks along with some thoughts on the USD into the event as provided by the FX strategists at these banks. Goldman: We expect the FOMC to remain on hold at Thursday’s highly anticipated meeting, with risks skewed to the dovish side...We adopted a December liftoff forecast following the June FOMC meeting, largely because this seemed to be Chair Yellen’s own baseline. Recent events have further strengthened our conviction that this week is too early for a rate hike. We expect the message from the ... (full story)
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