US: On hold for the FED dot plot – ANZ

Research Team at ANZ, suggests that the dot points the FOMC release next week will be key, as that will give us a central case expectation for their intentions over the second half of the year.

Key Quotes

“If the FOMC holds onto two rate hikes, the recent risk on bullishness may be tempered, but if they cut to only one hike as their central view, then the current trends may accelerate.”