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- USD: FOMC minutes to reflect it's premature to talk about tapering - Citi
USD: FOMC minutes to reflect it's premature to talk about tapering - Citi
eFXdata reports that Citi discusses its expectations for FOMC minutes from the January meeting.
"CitiFX Strategy acknowledges that positioning signals seem somewhat mixed, particularly in equities, but not stretched in short rates positions and certainly not in short USD. Citi Economics thinks that Wednesday’s minutes from the January FOMC meeting will reflect Chair Powell’s admonition that it is “premature” to talk about tapering of asset purchases and that he is “not even thinking” about removing accommodation," Citi adds.
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