6 Jul 2015
FOMC key event after Eurogroup - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted the forthcoming FOMC meeting this week after the Greek referendum and subsequent next Eurogroup meeting and EU summit.
Key Quotes:
"Away from Greece, the June FOMC minutes on Wednesday will provide important context for judging the Fed's near-term monetary policy stance. Markets will be interested in any discussions surrounding the Fed's evolving view on inflation and growth, and any emerging consensus on the appropriate pace of policy withdrawal this year."
"While markets viewed the June FOMC statement as dovish, there is a risk that the minutes hint at a more balanced discussion (which may be viewed as slightly more “hawkish”) on rate hikes later this year."
Key Quotes:
"Away from Greece, the June FOMC minutes on Wednesday will provide important context for judging the Fed's near-term monetary policy stance. Markets will be interested in any discussions surrounding the Fed's evolving view on inflation and growth, and any emerging consensus on the appropriate pace of policy withdrawal this year."
"While markets viewed the June FOMC statement as dovish, there is a risk that the minutes hint at a more balanced discussion (which may be viewed as slightly more “hawkish”) on rate hikes later this year."