Tuesday , 26 January 2021

MBS Day Ahead: 2015 Volatility Continues with Greek Election Reaction and Fed Announcement

By Matthew Graham

Posted To: MBS Commentary

It’s more or less impossible that we’ll see any chance in policy stance with this Wednesday’s FOMC Announcement, but it’s still on the radar as a relevant event. Markets are interested to see how the Fed might react to recent developments, which include European QE and the ongoing slide in oil, among other things. Again, the reaction wouldn’t have anything to do with current monetary policy. It could, however, come in the form of a change in verbiage that hints at more patient rate-hike timing . Before we hear from the Fed, the first two days of the week already look set to focus on the market-based reaction to the weekend’s Greek elections . As expected, the anti-austerity party won, but it’s not yet clear if they’ll have enough seats to govern alone (if they…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: MBS Day Ahead: 2015 Volatility Continues with Greek Election Reaction and Fed Announcement

      

Comments

About Mortgage News Daily

Mortgage News Daily

Check Also

The Richest Appraiser in Babylon

If you’ve not read “The Richest Man In Babylon” by George S. Clason, stop reading …