10 Feb 2014
Flash: Will the Fed pause tapering? - Rabobank
FXStreet (Bali) - The key issue for markets in further hints on whether or not the Fed is looking to pause tapering, notes Michael Every, FX Strategist at Rabobank.
Key Quotes
"For now, concerns over possible distortions from bad weather and the few bright spots in the January payrolls report are likely to mean no ‘tapering tapering’ – however, if we see more bad data then that assumption might rapidly be brought into question. Janet Yellen’s testimony to Congress this week will be closely followed for clues.
Key Quotes
"For now, concerns over possible distortions from bad weather and the few bright spots in the January payrolls report are likely to mean no ‘tapering tapering’ – however, if we see more bad data then that assumption might rapidly be brought into question. Janet Yellen’s testimony to Congress this week will be closely followed for clues.