30 Apr 2014
Fed to remain unchanged – Danske Bnak
FXStreet (Edinburgh) - Allan von Mehren, Chief Analyst at Danske Bank expects the Fed to leave the status quo intact, with a $£10billion taper and no announcements.
Key Quotes
“The FOMC meeting tonight should provide few surprises as the Fed tapers another USD10bn of asset purchases”.
“There will be no press conference or new projections and the statement is expected to have been changed very little”.
“We look for the Fed to acknowledge the recent improvement in data but at the same time keep the current very soft tone on inflation”.
Key Quotes
“The FOMC meeting tonight should provide few surprises as the Fed tapers another USD10bn of asset purchases”.
“There will be no press conference or new projections and the statement is expected to have been changed very little”.
“We look for the Fed to acknowledge the recent improvement in data but at the same time keep the current very soft tone on inflation”.