FOMC: Preview June Rate Decision
Current Base Rate: 0.00% to 0.25% Consensus: 0.00% to 0.25% Expect a more sanguine economic outlook, though will likely say recovery to be slow and protracted Show a commitment to long term ZIRP (zero interest rate policy) and play down inflation in the near term FOMC likely to keep its asset purchase program targets unchanged; though could spring a surprise by altering the size/balance of Treasury and mortgage securities it purchases after the recent spike higher in yields FOMC could outline
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