FOMC to not alter its policy at next meeting – Rabobank

Analysts at Rabobank do not expect the FOMC to alter its policy settings at next week’s meeting.

Key Quotes

“We also don’t expect major changes to the monetary policy statement.”

“The short-term growth outlook has softened somewhat, but residual seasonality and unseasonal weather conditions make it difficult to interpret the recent spate of data.”

“We expect two more rate hikes this year: in June and in September.”