FOMC: No press conference, no change – RBS

FXStreet (Guatemala) – Analysts at RBS explained that Yellen is not scheduled to give a press conference and there will be no forecast update.

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Key Quotes:

“We do not expect the Fed to move the policy rate at this week’s meeting and we see little necessity to change the statement this week.”

“Aside from small tweaks to update the current situation, we think the Fed’s broader stance on the economy and the timing / pace of tightening has not changed enough to merit a large change in this meeting, particularly one without new forecasts or a FOMC press conference.”

Analysts at RBS explained that Yellen is not scheduled to give a press conference and there will be no forecast update.

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