The tone of U.S. economic data next week is expected to be positive but Federal Reserve officials will be unmoved and firm in their belief that it is too soon to talk about exiting their easy monetary policy at their policy meeting on Tuesday and Wednesday.

The still-cautious Fed won’t alter its stance that it can wait until 2024 for U.S. interest rate hikes, and will say that it is too early to even start talking about tapering its $120 billion per-month in asset purchases, otherwise known as quantitative easing, economists said.

Fed Chairman Jerome Powell will meet with reporters Wednesday afternoon following the central bank’s two-day policy meeting.

“April is too soon for the return of taper talk,” said Matthew Luzzetti, chief U.S. economist at Deutsche Bank.

Jim O’Sullivan, chief U.S. macro strategist at TD Securities, agreed: “We expect officials will be reluctant to say anything that…

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