U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Topics
First Word DC - Foreign Policy
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UUID: 7947283
(Bloomberg) -- Federal Open Market Committee seen leaving benchmark interest rate unchanged, with 1% lower bound, 1.25% upper bound; could provide additional details on planned balance sheet reduction.
- Bloomberg will live blog the FOMC rate decision. Follow the TOPLive blog here.
- Recent comments by central bankers signal “broad-based support to start the balance-sheet runoff before pursing any additional rate hikes”: Bloomberg Intelligence
- Most economists surveyed by Bloomberg anticipate the Fed will announce the timing of the first roll-offs at its September policy meeting
- Also see:
- Balance-Sheet Plan Missing Key Detail Tied to Bond Squeezes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Topics
First Word DC - Foreign Policy
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283