29 Oct 2015
Expect Fed lift-off in Dec – Deutsche Bank
FXStreet (Mumbai) - Deutsche Bank’s Peter Hooper comments on the Fed outlook, reviewing Wednesday’s FOMC policy statement.
Key Quotes:
“Looking ahead, the outcome in December will turn on a combination of important wage, price, employment and spending indicators ahead.”
“Other factors that could come into play include domestic political and external shocks.”
“The latest news out of Washington seems to have significantly reduced the probability of a negative shock associated with the debt ceiling and government funding.”
“And economic news about China has been more stable of late. If data unfold in line with the Fed’s (and our own) expectations for the economy, barring any domestic political or external shocks, I expect the Fed to lift off in December.”
Key Quotes:
“Looking ahead, the outcome in December will turn on a combination of important wage, price, employment and spending indicators ahead.”
“Other factors that could come into play include domestic political and external shocks.”
“The latest news out of Washington seems to have significantly reduced the probability of a negative shock associated with the debt ceiling and government funding.”
“And economic news about China has been more stable of late. If data unfold in line with the Fed’s (and our own) expectations for the economy, barring any domestic political or external shocks, I expect the Fed to lift off in December.”