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FOMC should emphasize continuity, with no significant changes - TDS

Analysts at TDS offer a sneak peek on what to expect from the FOMC policy announcement scheduled on Wednesday.

Key Quotes:

“The January FOMC statement should emphasize continuity, with no significant changes.

That would support a market already 95% priced for a March hike.

A risk to our base case would be the 2018 voters shifting the balance of risks in a more positive, hawkish direction.

That could force the market to raise expectations for the number of hikes this year (currently around 2.5).”

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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