FOMC Minutes: Odds Of A Fed Hike In September Relatively Low; December 'A Long-Way Off' - RBS
18.08.2016, 06:45

FOMC Minutes: Odds Of A Fed Hike In September Relatively Low; December 'A Long-Way Off' - RBS

"The minutes from the July FOMC meeting were less hawkish than the market feared. As widely noted, the Committee was divided on the need for another interest rate hike. It is important to remember, however, that the decision to act will ultimately rest with Fed Chair Yellen. There will be no rate hike until Yellen believes a rate hike is warranted. Given that Yellen is among the most dovish on the Committee, we must assume that Yellen is among the faction who expressed a preference to delay action.

Thus, after reading the minutes, we remain comfortable with our view that the Fed Chair is in no hurry to hike and that the odds of a move in September are relatively low.

...In our view, the "several" and "some" participants noted above almost surely includes Yellen, who is among the most dovish of the Committee members. If we are right, then Yellen is sticking to her risk management policy approach and feels little urgency to raise rates. While the data of late have been reassuring, the hurdle for hiking -- i.e. a sustained move up in inflation and/or evidence that suggests the economy has enough momentum to withstand a downward shock to demand -- is pretty high and does not appear likely to be met by the September meeting. Maybe by December, but December is a long way off (and, in any case, we are skeptical)".

Copyright © 2016 RBS, eFXnews™

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik