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Fedspeak to put emphasis on ‘forward guidance’ – Danske Bank

FXStreet (Edinburgh) - Today’s speeches by Fed members will have the Fed’s ‘forward guidance’ as the main topic, commented Arne Rasmussen, Chief Analyst at Danske Bank.

Key Quotes

“Again today a number of speeches from members of Fed’s FOMC”.

“Chicago Fed president Charles Evans (dove, non-voter), Cleveland Fed president Loretta Mester (hawk, voter) and Kansas City Fed president Esther George (hawk, non-voter) will be speaking”.

“It will be most interesting to see if they believe the forward guidance and particularly the ‘considerable time’ wording could be changed at the next meeting in October”.

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