Free Trial

April FOMC Minutes Preview (3/3): NatWest Expects "Vague And Dovish" Guidance

FED
  • NatWest sees the minutes keeping QE guidance "vague and dovish", as several key FOMC members have "continued to signal patience on tapering after the spike in the April CPI report."
  • Unicredit sees the minutes being scrutinized "for any hints on what would constitute 'substantial further progress' towards the Fed's goals (and, hence, the potential timing of tapering asset purchases) and what would (and would not) represent a 'transitory' rise in inflation." But Unicredit does not expect the minutes to provide any details on either, and see the June FOMC meeting as too soon to start talking about tapering (instead discussed around Aug/Sep with a formal announcement in Dec).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.