May FOMC decision will focus on the medium term
The market is pricing in just a 13% chance of a hike on Wednesday but that rises to 69% in June.
despite some recent economic data weakness, the Fed will almost certainly wait and gather more data before tipping its hand ahead of the June 14 meeting.
Fed will talk about the balance sheet Wednesday but policy changes will wait
ByAdam Button
May 1, 2017