FOMC: Expect no change in stance - Investec

Research Team at Investec, suggests that after the London close we have the FOMC interest rate decision at 18:00 (due to clock changes) where they and the market are expecting no change.

Key Quotes

“However, Fed Chair Janet Yellen's accompanying press conference at 18:30 is likely to indicate that the hiking bias remains and the door is open for a 'data dependant' summer hike.”