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Presser in a few. Expect Powell to get..........>

FED
FED: Presser in a few. Expect Powell to get questions (though we may not get
good answers), among others, on:
1) does the use of 'continue' rather than 'closely' in the statement matter
2) was a hold / 50bps seriously considered
3) thinking behind ending balance sheet runoff now (no dissents to this
measure?) and what is thinking now on restarting net purchases
4) what is the threshold for a further cut
5) how close are we to a standing repo facility
6) the inevitable questions to be batted away on political interference impact
on the decision to cut / USD intervention.
Energy BulletsCommodities
Energy BulletsCommodities

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