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MNI: GERMANY NOV FINAL MANUF PMI 43.0 (FLASH 43.2); OCT 43.0

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MNI Fed Preview - September 2020: How Long Is "For Some Time"?

How Long Is "For Some Time"?

  • The September FOMC is less 'live' in terms of potential new action from the Fed than it seemed even a few weeks ago, but there is still plenty at stake.
  • We will get the first set of 2023 economic projections from the Committee, and Powell is set to face a barrage of questions on the new flexible average inflation targeting (AIT) regime and on the FOMC's current outlook on the economy.
  • We'll probably also get some modest changes in language in the statement to reflect the completion of the framework review / AIT, and perhaps on the intent of the Fed's asset purchase program (but any substantial changes to the pace / maturity of purchases would be a major surprise).

Click here for full preview, or use the following link: https://emedia.marketnews.com/FedPrevSep2020.pdf

FedPrevSep2020.pdf

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