30 Apr 2015
FOMC breakdown - inflation headed 2% - Scotiabank
FXStreet (Guatemala) - Camilla Sutton, chief currency strategist at Scotiabank explained that the Fed provided few surprises.
Key Quotes:
"Raising some caution around the economic outlook but suggesting that it is due, at least in part, to transitory factors."
"The Fed is data dependent and will hike rates with further improvement in the labour force and with confidence that inflation will return to 2%."
"This will focus attention on the upcoming nonfarm payrolls release and will introduce further intraday volatility."
Key Quotes:
"Raising some caution around the economic outlook but suggesting that it is due, at least in part, to transitory factors."
"The Fed is data dependent and will hike rates with further improvement in the labour force and with confidence that inflation will return to 2%."
"This will focus attention on the upcoming nonfarm payrolls release and will introduce further intraday volatility."