TenkoFX - Analytics

    TenkoFX

    425.75 7.25/10
    68% of positive reviews
    Real

    June FOMC minutes likely to be somewhat stale with dovish bias – TDS Sandeep Kanihama

    Research Team at TDS, suggests that given that the dynamics underpinning Fed policy have been overtaken by the post-Brexit events, the June FOMC minutes, to be released on Wednesday, are likely to be somewhat stale.Key Quotes“Nevertheless, we expect the tone to be dovish, reflecting a greater awareness among Fed officials about the negative feedback loop from global events. We also look for an increasing acknowledgement of the persistence of the structural headwinds constraining growth, which has underpinned the dovish revisions to the projected policy path.” 


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree