Intraday Market Thoughts
FOMC Triggers USA Trifecta
by
Sep 17, 2014 21:31
A rallying trifecta in the US dollar, equity indices and bond yields emerged after the FOMC issued slightly more hawkish projections on the Fed Funds rate. 14 of the 16 Fed members expect a rate hike in 2015, but more importantly, the median estimate for the Fed Funds rate by end of 2015 is now 1.375% from 1.0% in the June projections. Red-line comaprison of FOMC statement and dots forecasts are here.
Click To Enlarge
Act | Exp | Prev | GMT |
---|---|---|---|
Fed's Yellen Speech | |||
Sep 18 12:45 |
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