HALISTER1: U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

(Bloomberg) -- Federal Open Market Committee seen maintaining benchmark interest rate with 0.25% lower bound, 0.50% upper bound.
  • Trading in federal funds futures imply ~16% probability of tightening today, ~68% next month
  • Challenge for Fed “is to reinforce expectations for December without appearing to tilt toward a more hawkish approach next year”: Bloomberg Intelligence
  • See also:
    • Most Dissents Since Volcker Builds Pressure for Yellen
    • RESEARCH ROUNDUP: FOMC Statement May Point to December Rate Hike
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word DC - Foreign Policy

To de-activate this alert, click here

UUID: 7947283