FOMC monetary policy remains unchanged - Rabobank
|Following today's FOMC, analysts at Rabobank explained that Monetary policy remains unchanged.
Key Quotes:
"The FOMC statement acknowledged the decline in unemployment and the slowdown in business investment."
"The midterm election outcome is not likely to have changed the Fed’s outlook, nor has it changed our Fed view."
"Our baseline scenario is a federal funds rate hike in December, another hike in March 2019, followed by an inversion of the curve in Q2."
"The latter would lead to a pause in the Fed’s hiking cycle."
"We would not be surprised to see the minutes, to be published on November 29, contain a signal for another technical adjustment to the IOER rate in December."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.