28 Jan 2015
FOMC: Limted changes expected - SG
FXStreet (Guatemala) - Analysts at Goldman said that expect only limited changes to the FOMC statement at the January meeting,
Key Quotes:
"With an overall slightly dovish tilt likely. We expect the Committee to maintain its current guidance that it “can be patient in beginning to normalize the stance of monetary policy.”"
"But we also expect a modest adjustment to the inflation language, possibly to acknowledge—as indicated in the December minutes—that inflation is likely to continue to decline further in the near-term."
Key Quotes:
"With an overall slightly dovish tilt likely. We expect the Committee to maintain its current guidance that it “can be patient in beginning to normalize the stance of monetary policy.”"
"But we also expect a modest adjustment to the inflation language, possibly to acknowledge—as indicated in the December minutes—that inflation is likely to continue to decline further in the near-term."