What to expect from the FOMC – DB

FXStreet (Guatemala) – Analysts at Deutsche Bank explained that it is doubtful that financial market participants will glean much new information from today’s FOMC statement.

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Key Quotes:

“However, we expect to learn a little bit more of what it will take to get the Fed to raise rates (possibly in September), when the meeting minutes are released on August 19. Until then, investors should treat today’s statement as a placeholder… Officially, we still have the Fed hiking in September, but as we highlighted several weeks ago, a lot has to break in our direction for the Fed to raise rates-the inflation outlook has to improve, and we need stability in overseas markets.”

Analysts at Deutsche Bank explained that it is doubtful that financial market participants will glean much new information from today’s FOMC statement.

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