Friday Notes

Fed to stay on hold throughout 2007

Fri, Jan 19 2007, 14:19 GMT
by HVB Group Global Markets Research

HVB Group


We have revised our Fed forecast and now no longer expect rate cuts in 2007. The target rate will remain unchanged at 5¼% for the entire year. The Fed is increasingly comfortable with the current key rate level. A less fragile growth profile has also made us rethink our forecasts – not least because of lower oil prices. The consequences of our new Fed and oil price forecasts on FX & FI developments are spelled out in this Friday Notes edition.

Further topics:

  • Weekly Comment: Euros are forever.          
  • US: Lower oil prices will drive inflation lower.          
  • Bank of Japan: Unwilling to bite the bullet?

Archive

HVB Group  | Bayerische Hypo- und Vereinsbank AG Am Tucherpark 16 80538 München
http://www.hvbgroup.com/ | hvbgroup@hvbgroup.com


Interested in forex trading? forex brokerage firms!


MF Global UK Limited
Contact the broker/FDM
Open a demo account
MG Financial Group
Contact the broker/FDM
Open a demo account
Easy-Forex™ Trading Platform
Contact the broker/FDM
Ikon GM - Royal Division
Contact the broker/FDM
Open a demo account
FXDD
Contact the broker/FDM
Open a demo account

FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)

[Read Premium full description]


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

©2008 "FXstreet.com. The Forex Market" All Rights Reserved.