Analysts at Nomura are not expecting many new developments at the conclusion of the forthcoming August FOMC meeting. Key Quotes “With respect to the post-meeting statement, it is possible that the Committee will add the phrase “for now” when describing the plans for continued gradual increases in the policy rate, consistent with Chair Powell’s prepared remarks during his semiannual Congressional testimony.” “We think this change would reflect the Committee’s continued desire to moving away from forward guidance as policy normalization continues. However, we do not expect the phrase “the stance of monetary policy remains accommodative,” which was again highlighted during the June FOMC minutes, to be removed until a meeting with a rate hike, possibly in September.” “Other changes to the statement are likely to be backward-looking, largely reflecting what has already happened.” 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 GBP/USD Review: 1.31 trapping price in thin early-week action FX Street 5 years Analysts at Nomura are not expecting many new developments at the conclusion of the forthcoming August FOMC meeting. Key Quotes "With respect to the post-meeting statement, it is possible that the Committee will add the phrase "for now" when describing the plans for continued gradual increases in the policy rate, consistent with Chair Powell's prepared remarks during his semiannual Congressional testimony." "We think this change would reflect the Committee's continued desire to moving away from forward guidance as policy normalization continues. However, we do not expect the phrase "the stance of monetary policy remains accommodative," which was again highlighted during… 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.
