Market Comment | Economic data overshadowed the impact of the Fed meeting
Published on Friday, September 22, 2017
Market Comment | Economic data overshadowed the impact of the Fed meeting
Summary
The FOMC maintained the Fed funds rate unchanged and announced the start of the balance sheet normalization process in October (see). After that, Fed fund futures showed a 61% probability of a rate hike for this year end. Market reaction was moderated and faded at the end of the week. The USD strengthened by […]
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BBVA Research
BBVA Research