Merrill FOMC Preview

The FOMC is expected to raise rate at their meeting next week. Here are a few brief excerpts from a Merrill Lynch preview: The June FOMC meeting will be full of information. Most obviously, we think the Fed will hike rates by 25bp, as widely expected. It is possible – although quite unlikely – that a very weak CPI and retail sales report the morning of the 14th would discourage the Fed from delivering a hike. More likely, however, is that weak reports would influence the language in the statement and press conference. ... The FOMC is likely to note that the pace of job growth has slowed while ......(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/2t3GWUm
via IFTTT