Pre FOMC Scenarios & Premium Intermarket Insights
The 2 most important items drawing immediate market scrutiny in todays FOMC statement/projections are (in this order) 1. (12:30 EST, 17:30 BST) Final paragraph of the statement revealing any additional members joining Mr. Lacker in disagreeing with the notion that conditions warrant low Fed Fund rate through late 2014. 2. (14:00 EST, 19:00 BST) Figure 2 of the FOMC projections, showing the number of FOMC members projecting the year most appropriate for policy firming. Click here for direct access to todays Pre-FOMC Intermarket Insights & charts. http://ashraflaidi.com/products/sub01/access/?a=631 Non subscribers click here: http://ashraflaidi.com/products/sub01/
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