Jun 18/14 – If there is a surprise…
Although I think it is a remote possibility, any surprise out of today’s FOMC meeting is going to be on the hawkish side. The market is convinced that Yellen & Co. are going to stick to their $10 billion a month taper and not rock the apple cart. This is the most likely outcome, but it is by no means assured.
The Bank of England’s Mark Carney was also ex…