FOMC is the main highlight this week – BBH

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - The research team at Brown Brothers Harriman noted that the FOMC meeting is the week's highlight even though policy outcome seems a foregone conclusion.



Key Quotes:



“It will continue with the tapering course that Bernanke put on the Fed on before he left. However, there are more moving parts than usual, and it is worth reviewing”.



“Essentially, there are four elements of the FOMC meeting: composition, statement, forecasts and press conference”.



“Generally speaking, the composition changes have led most to see a slight dovish tilt”.



“The economy has largely unfolded as the Federal Reserve expected since the April meeting”.



“if the Fed has been too optimistic on growth, it has not been optimistic enough on employment”.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Forex Sentiment & Volume Analysis - EURUSD

  2. Forex News

    Forecast: Dollar Faces NFPs, Euro Anticipating Greece and Risk Languishes

  3. Forex News

    Fed Fear Builds USD, Greece Unnerves the Euro but S&P Yet to Collapse

  4. Forex News

    A glance at the strong dollar and implications - BBH

  5. Forex News

    EUR/USD: Extraordinary price action - Rabobank

Trading Center