FXStreet (Bali) - ANZ notes that this week is clearly the most anticipated Fed meeting in a number of years.
Key Quotes
"The FOMC meeting is this week, where it may – for the first time in close to a decade – decide to hike interest rates. To say that views are split on what the outcome is an understatement."
"Markets and analysts are polarised, with a 25bp hike about 30% priced and around half of the 97 commentators surveyed by Bloomberg expecting a hike (ANZ also expects a hike – although it is a view that is finely balanced)."
"But what is adding to the remarkable degree of apprehension and uncertainty is that it is not just the decision itself that is causing intense debate."
"So too is what a hike (or no hike) could potentially mean for the US economy, the broader global economy, and financial markets. It is fair to say that the full spectrum of views is on offer."
"Clearly this is the most anticipated Fed meeting in a number of years."
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