U.S. ECO PREVIEW: FOMC Announcement Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s Fed rate decision, as compiled by Bloomberg News:
Alert: HALISTER1- FOMC Rate - Upper 0.75; range 0.75 to 1.0 (94 estimates)
- FOMC Rate - Lower 0.5; range 0.5 to 0.75 (93 estimates)
- The Fed tightened for the first time in a year at its prior meeting
- "Nobody expects a rate hike, so the description of economic activity and any changes to forward guidance will be the main concerns of markets": Joshua Shapiro, economist at MFR
Source: BFW (Bloomberg First Word)
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UUID: 7947283