Friday, October 9, 2015

FOMC minutes consistent with recent messages - Goldman Sachs

FXStreet (Bali) - According to Goldman Sachs, September FOMC meeting were broadly consistent with the message in the post-meeting statement and press conference.

Key Quotes

"Although most Fed officials saw rate increases in the relatively near future, they judged it prudent to wait for more information."

"The meeting included a staff presentation on options for the balance sheet."

"Based on this discussion, we have pushed back our forecast for the end of reinvestments—to mid-2017 from late-2016 previously."
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