The ANZ bank isn’t left behind in forecasting the outcome of this week’s Federal Open Market Committee (FOMC) meeting. Analysts at the bank expect a 25 basis point (bp) cut into the Fed rate together with an end to the US central bank’s quantitative easing. Key quotes The Federal Open Market Committee (FOMC) is expected to ease rates this week. We expect the central bank to cut its target rates by 25bps. We also expect an end to quantitative tightening. Ongoing elevated uncertainty and weak domestic inflation mean that the FOMC will keep its easing bias. We expect the FOMC to ease again at least once more, possibly October. At this stage, we are not expecting any further easing but the bias remains in that direction given that external risks remain elevated and inflation weak. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Key events in the week ahead – Rabobank FX Street 4 years The ANZ bank isn't left behind in forecasting the outcome of this week's Federal Open Market Committee (FOMC) meeting. Analysts at the bank expect a 25 basis point (bp) cut into the Fed rate together with an end to the US central bank's quantitative easing. Key quotes The Federal Open Market Committee (FOMC) is expected to ease rates this week. We expect the central bank to cut its target rates by 25bps. We also expect an end to quantitative tightening. Ongoing elevated uncertainty and weak domestic inflation mean that the FOMC will keep its easing bias. We expect the FOMC… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
