FW: [Maybank] (Resend) Will Yellen Surprise?

 

 

(Resend) Will Yellen Surprise? Global Markets Daily by Saktiandi Supaat FX Research This week sees the last monetary policy meeting that Fed Yellen chairs and we see a mild risk of her making a move on the Fed Fund Target rate to end her term. The data released last Fri suggests that growth momentum is humming along and core PCE for 4Q came in rather close to the inflation target at 1.9%q/q. Personal consumption accelerated 3.8%q/q in that period from just 2.2%. In a case of a surprise rate hike, we see only knee jerk reactions in the USD, equities and bonds... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.