Nomura: FOMC Preview

Note: The FOMC meets next week, and almost every expects a rate hike at the December meeting. A few excerpts from a research note from Nomura: In line with market expectations, we expect the FOMC will raise the federal funds rate target to 0.50-0.75% at the conclusion of the 13-14 December meeting. We think that the incoming data since the last meeting has been sufficiently positive for the Committee to conclude that the case for rate hike has been finally met. On the policy statement, we expect the paragraph on current economic conditions to point to continued growth. Additionally, we expect ......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2hcGUog
via IFTTT