Flash Comment
FOMC: Preview of policy meeting
Mon, Apr 28 2008, 10:00 GMT
by Peter Possing Andersen
Danske Bank A/S
Overview: On Wednesday night at 20:15 CET the Federal Open Market Committee (FOMC) will announce its policy rate decision. With the exception of money markets, financial market conditions have generally been improving in recent weeks. In combination with rising concerns over inflationary risks, markets have been significantly reducing the bets on further cuts. The current pricing is for a 25bp cut at the upcoming policy meeting, with this being the terminal rate cut.
Published on
Mon, Apr 28 2008, 10:09 GMT
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