Fed: Bye-bye monetary easing, welcome tightening – TDS
|By FXStreet FXStreet (Delhi) – Research Team at TDS, suggests that an eventful week lies ahead with the Fed expected to raise rates.
Key Quotes
“After eight years of easing monetary policy the Fed is about to embark on a tightening cycle. TD expects the Fed to lift the policy target range to 0.25% to 0.50%, and use the various communication channels to reinforce the “gradual” path and “data-dependency” of any future policy action. The market is fairly priced for a 25bps hike in the policy rate, so the key focus will be on what the Fed says about the future path for rates.”
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Source:: FX Street