In view of analysts at TD Securities, the November FOMC meeting should pass without much market impact, as the Fed should remain on track for another hike in December but not signal any change in policy.
Key Quotes
“The risk is for a modest dovish market interpretation from mark-to-market edits to the description of recent data in the statement.”
“There is a small chance that the Committee will release information about its balance sheet deliberations, suggesting an earlier end to runoff than previously indicated. That would likely generate a more dovish market response.”
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