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Fedspeak will focus on forward guidance today – Danske Bank

FXStreet (Edinburgh) - Sverre Holbek, Senior Analyst at Danske Bank, expects the Fed’s forward guidance to be the main theme in today’s speeches by members Kocherlakota and Dudley.

Key Quotes

“In the US Fed’s Kockerlakota (voter, dovish) and Dudley (voter, dovish) speak tonight”.

“Focus will again be on changes in views and comments related to the Fed’s forward guidance”.

“However, after the Fed yesterday published its new Labour Market Conditions Index for assessing the changes in labour market conditions, it will be interesting to see whether Fed members will start to refer to this indicator in speeches”.

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