Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 04 - 06:55 PM

USD: December FOMC Minutes Likely To Emphasize Risks To The Outlook - Barclays

By eFXdata  —  Jan 04 - 03:00 PM

Barclays Research discusses its expectations for this week's FOMC minutes (Wed) from the December policy meeting.

"We expect the minutes to emphasize risks to the outlook from the uncertain trajectory of the virus, the limitations of monetary policy (and the leading role of fiscal policy) in addressing fallout from the pandemic, and the committee's ongoing willingness to strengthen policy supports, including credit market supports through its special authorities, should the need arise," Barclays notes. 

"With monetary policy not in a good position to counteract weakening data from an intensifying pandemic, we expect the minutes to show that members preferred to adjust rate guidance on asset purchases while leaving the pace and composition of purchases unchanged," Barclays adds. 

Source:
Barclays Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!