Real-time Stock quotes, portfolio, LIVE TV and more.
Jun 20, 2012, 08.35 AM IST
Jan Hatzius of Goldman Sachs expects the Fed to ease monetary policy on June 20, in response to the weak economic data and increased downside risks from Europe.
Jan Hatzius, Goldman Sachs: We expect the Fed to ease monetary policy on June 20, in response to the weak economic data and increased downside risks from Europe. However, the form of easing is a closer call. We expect a new asset purchase program, but an extension of Operation Twist is also possible.
Michael Hanson, BofA ML: We expect the Fed to launch QE3 by early fall and not start hiking interest rates until mid-2015 at the earliest. So, while we see a 1-in-3 chance of significant policy easing at the June FOMC meeting, we think it is more likely that the Fed releases a very dovish statement and downgrades its forecasts, but otherwise holds pat. This outcome would likely yield at least mild disappointment in markets.
May 24 2013, 16:42
- in Rupee
May 23 2013, 09:33
- in Technicals