Analysts at TD Securities expect the Fed to keep rates on hold in the near term, but to ease further in 2020 as economic growth continues to moderate. Key quotes “Core PCE inflation remains below target and inflation expectations continue to hover below the historical levels associated with price stability.” “Headline inflation surprised to the upside at 0.4% m/m (0.356% unrounded) in October, lifting the annual rate to 1.8% y/y (TD and consensus: 1.7%). Stronger than expected food and energy prices at 0.2% and 2.7% m/m, respectively, boosted headline prices.” “We expect the Fed to keep rates on hold in the near term, but to ease further in 2020 as economic growth continues to moderate.” 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 USD/CAD erases daily gains as oil stages decisive rebound, trades around mid-1.32s FX Street 3 years Analysts at TD Securities expect the Fed to keep rates on hold in the near term, but to ease further in 2020 as economic growth continues to moderate. Key quotes "Core PCE inflation remains below target and inflation expectations continue to hover below the historical levels associated with price stability." "Headline inflation surprised to the upside at 0.4% m/m (0.356% unrounded) in October, lifting the annual rate to 1.8% y/y (TD and consensus: 1.7%). Stronger than expected food and energy prices at 0.2% and 2.7% m/m, respectively, boosted headline prices." "We expect the Fed to keep rates on hold in… 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.
