Fed to hold until September - GS

FXStreet (Guatemala) - Analysts at Goldman Sachs expect the Fed to keep the funds rate near 0% until September 2015.

Key Quotes:

"The Fed funds target range is 0%-0.25%."

"The March FOMC statement removed the Committee’s “patient” forward guidance but contained a dovish shift in the economic assessment. The “dots” moved down more than expected, reflecting a projected level of the Fed funds rate at the end of 2015 most consistent with a September hike."