Free Trial

/Summary Of Sell-Side Analyst Expectations......>

FED
FED: /Summary Of Sell-Side Analyst Expectations for May 1 FOMC (2/2):
- Regarding an announcement on balance sheet policy, opinions are likewise
mixed. Several acknowledged that an announcement at this meeting was not a base
case, but was possible. Of the 5 previews that expressed a decisive opinion, 2
expect an announcement on details about reinvestment of purchases starting in
October (i.e. composition and duration details).
- A unanimous vote on the FOMC's actions is expected, though one bank (JPMorgan)
saw `while not our baseline it wouldn`t be too surprising if [St Louis` Bullard]
voted to cut rates`.
- Generally speaking, analysts appear to see risks to rates markets as being to
the hawkish side, with a fairly dovish outcome priced in.

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.