Thursday, November 3, 2016

It’s All About The Timing





FX Research
by Saktiandi Supaat


It’s All About The Timing





The Fed hike is a matter of when not if. That is why despite “solid” job gains, “rising” household spending and “somewhat increased” inflation, the FOMC still chooses to “maintain the federal funds rate at ¼ to ½ percent”. Markets are now convinced that that a move by the Fed after the US election in Dec is a better timed one as “the case for an increase in the federal funds rate has continued to strengthen”. The probability of a 25bps move in Dec as implied by the Fed Funds Futures jumped...



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails