12 Feb 2016
Fed minutes next week preview - TDS
The 27th Jan FOMC meeting where rates were left on hold has the Fed minutes released next week and analysts at TD Securities explained that the overall tone of January's minutes should be broadly balanced.
Key Quotes:
"The overall tone of January's minutes should be broadly balanced, highlighting the Fed constructive outlook for growth and inflation and the continued tightening bias. At the same time, the increased uncertainty about the outlook for growth and inflation will reinforce the current narrative that the Fed has effectively moved to the sideline for now as they assess the incoming data for clues."
Key Quotes:
"The overall tone of January's minutes should be broadly balanced, highlighting the Fed constructive outlook for growth and inflation and the continued tightening bias. At the same time, the increased uncertainty about the outlook for growth and inflation will reinforce the current narrative that the Fed has effectively moved to the sideline for now as they assess the incoming data for clues."