Fed: Will we be disappointed? - Rabobank

Analysts at Rabobank suggest that it is far less likely that we will see any major developments from this Fed meeting.

Key Quotes

“We already have a Bloomberg editorial today saying: “The Fed Should Consider Lowering Rates” by former Fed member Kocherlakota. However, we believe that is a story for next year.”

“It seems far less likely that we will see any major developments from this Fed meeting, coming so soon after its latest towel-throwing-in exercise. But let’s see if there are any wrinkles over the difference between a pause in raising rates and a halt to raising rates, especially when an ex-Fed member is talking about cutting rates!”