Free Trial

Decision In Line, On To Press Conference

FED

The decision is pretty much in line with expectations all around.

  • Taper timing/size/optionality to adjust are all right in line with expectations.
  • "Transitory" inflation language tweaked, with some more explanatory text on why inflation is seen "transitory", but the word itself NOT removed (which would have been more hawkish).
  • Onto the press conference at 1430ET.

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.