FOMC - Wednesday 06-20-12

Submitted by BBFX Blogger on Wed, 06/20/2012 - 08:44

Today we have an FOMC meeting where we expect rates to remain unchanged. We should see some volatility throughout today as commentary is released. The “wait and see” approach could lead to an extension of Operation Twist, while leaving QE3 for later down the road if needed. It may be best to wait and see where the market sentiment is headed after the release and commentary.

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