Fed Signals No Near-Term Hikes: Commerzbank
Commerzbank analysts interpret recent data and Fed communications as pointing to stable policy rates in the near term, with no hikes signaled.
According to Commerzbank analysts Dr. Christoph Balz and Bernd Weidensteiner, recent US economic data and communications from the Federal Reserve suggest that policymakers are not signaling any interest rate hikes in the near term.
The analysts interpret the current stance as pointing to stable policy rates in the coming months, with no imminent change in the federal funds rate expected.
This assessment is based on the latest data releases and the tone of Fed commentary.
Source: FXStreet Forex News