Home > News > Forex News > Detail
Bookmark and Share

FOMC to announce balance sheet expansion at the October meeting – Rabobank

2019-10-10 17:00    FXYEAH

Rabobank analysts suggest that the recent flow of the US economic data has tilted the odds in favour of October.

Key Quotes

“The Fed is also expected to announce an expansion of the balance sheet at the October meeting, aimed at stabilizing the repo market.”

“Looking further ahead, we expect the Fed to cut rates all the way to zero before the end of 2020. In our view the inverted yield curve points to a recession in 2020 that will force the Fed to go beyond insurance cuts.”


0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.