- Could see inflation come in not as strong as expected, if that’s the case it would suggest cutting sooner
- We could see the labor market weakening and that would also suggest cutting sooner
- If we see labor market stronger, it would suggest cutting later
- A significant majority of policymakers think it will be appropriate to reduce rates later this year
- Projections are subject to great uncertainty
- Too early to know economic implications of the Middle East
- Reason wer are not cutting rates is that forecast in and out of Fed expect a meaningful increase in inflation this year
There is nothing market moving so far.
This article was written by Adam Button at www.forexlive.com.