U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Federal Open Market Committee is widely expected to announce balance-sheet reduction and should leave benchmark interest rate unchanged, with 1%-1.25% as lower and upper bound.
- Bloomberg will live blog the FOMC rate decision; follow the TOPLive blog here.
- “A reduction in the Fed’s asset holdings is a tightening of policy via largely untested means, and therefore runs the risk of unforeseen market consequences, despite policy makers’ best efforts to ensure a smooth execution”: Bloomberg Intelligence
- MORE: Yellen Sees QE as Tool of Future, But Her Successor May Not
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Topics
First Word Credit Asia
First Word Credit Europe
First Word Credit US
First Word DC - Foreign Policy
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283