29 Apr 2016
FOMC: June is a live meeting – ANZ
Research Team at ANZ, notes that as expected, the FOMC left interest rates unchanged, and left the door open for a June hike.
Key Quotes
“Whether the threshold is crossed depends on the path of US data between now and then.
The FOMC dropped its reference to global economic and financial developments posing risks, but it noted domestic growth had slowed. Overall, the statement was relatively market neutral.”
Key Quotes
“Whether the threshold is crossed depends on the path of US data between now and then.
The FOMC dropped its reference to global economic and financial developments posing risks, but it noted domestic growth had slowed. Overall, the statement was relatively market neutral.”