May 29
FOMC: preview of policy meeting
On Wednesday, 29 April, at 20:15 CET the Federal Open Market Committee (FOMC) is set to announce its policy decision. In line with consensus, we expect the FOMC to keep the Fed Funds rate unchanged in the interval from 0.00-0.25%. Focus will be on the FOMC’s decision on alternative easing measures. We do not expect a scale-up of current credit easing measures or the announcement of any new ones. The statement is nevertheless likely to keep the door open for scaled-up credit easing if it should