More from BOA Merrill courtesy of our friends at
efxnews.com
Says BOAM Global Research:
Following the first Fed rate hike in nearly a decade, market
attention will turn to the December minutes to divine the timing of the
second one – and, more generally, the pace of hikes.
– but overall consistent with an expected gradual hiking cycle, at
least initially. The market still sees a much lower end-2016 funds rate
target than the FOMC, and thus will be looking for clues to what factors
determine "gradual."
sumber:
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