FXStreet (Edinburgh) – Strategists at TD Securities believe the Committee will keep its policy unchanged at Wednesday’s meeting.
Key Quotes
“Following the December liftoff in rates, TD expects the Fed to hold the line at this meeting as they assess incoming economic data for any evidence that the recent slowdown in growth and inflation momentum is lasting”.
“The market has moved swiftly in recent weeks, essentially pricing out all but one hike in 2016”.
“As such, any indication from the Fed of their intention to stay the course on tighter monetary policy could potentially result in a dramatic repricing in rates. TD expects the next hike in March”.
(Market News Provided by FXstreet)