FOMC preview - Nomura

FXStreet (Guatemala) - Analysts at Nomura explained that they believe that the FOMC will wait until June before its next increase in short-term interest rates.

Key Quotes:

"We do not think that the FOMC will change its policy language in its January statement and it is unlikely that it will say anything about its plans for March. We expect the Committee to acknowledge the risks to its outlook from tighter financial conditions, low oil prices and developments abroad.

This meeting will also feature new voting members for 2016. Regional Fed presidents Rosengren, Mester, George and Bullard will replace Evans, Williams, Lockhart and Lacker."