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19 Feb 2014
Flash: Fed minutes to show support for tapering path? - Danske Bank
FXStreet (Barcelona) - Flemming Jnielsen, Senior Analyst at Danske Bank comments that in the US, the Fed will release minutes from the 28-29 January FOMC meeting.
Key Quotes
“The speeches ahead of the meeting suggest relatively strong consensus on continuing the tapering course but data since the meeting have been weak and it has become more difficult to shrug off the soft data as just weather-related and temporary.”
“Hence, it will be interesting to see if there are signs of a shift in sentiment in FOMC-member speeches in the coming weeks. Bullard (dove, non-voter) and Lockhart (hawk, non-voter) will speak today.”
Key Quotes
“The speeches ahead of the meeting suggest relatively strong consensus on continuing the tapering course but data since the meeting have been weak and it has become more difficult to shrug off the soft data as just weather-related and temporary.”
“Hence, it will be interesting to see if there are signs of a shift in sentiment in FOMC-member speeches in the coming weeks. Bullard (dove, non-voter) and Lockhart (hawk, non-voter) will speak today.”