US indicators ripe for a Fed hike? - BNP

Analysts at BNP Paribas noted the latest US indicators in respect of the forthcoming FOMC.

Key Quotes:

"The latest economic indicators are mostly well oriented and financial markets are calmer, a mix that looks like opening the window for the Fed to hike. Still, data-dependency is also about the outlook, and, in the end, the decision lies in FOMC members’ appraisal of risks"

Mar 11, 2016

Wall Street closed at highest levels in 2016's recovery

Wall Street was a rally to end the week on optimism post the ECB yesterday and a potentially bullish outlook from the FOMC while rates will be left unchanged until possibly June, allowing some upside in the corporate sectors.

Fed confidence rising - Rabobank

Analysts at Rabobank explained recent US data supports Chair Yellen’s defiance of negative market sentiment during her testimony to Congress on February 10.