Jan 12
27
Weekly Focus: Dovish Fed Keeps All Options Open
Posted by adminrisk consulting services
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The Fed statement was surprisingly dovish in light of recent encouraging US data. We now do not expect Fed to hike the fed funds rate until mid-2014.
In the euro area better-than-expected PMIs suggest that the recession will be relatively mild.
Japan’s trade balance showed a deficit for 2011 as a whole
