Morning Market Tidbits

This report previews the June 17 FOMC meeting, noting that BofA analysts expect new Fed Chair Kevin Warsh to take a dovish stance against the prevailing market expectation of a hawkish tilt.

Key Takeaways

• 1.Investor consensus expects Kevin Warsh to be hawkish at his first FOMC meeting, but BofA expects him to be dovish.
• 2.BofA expects no change in policy rates over the next 12 months.

Table of Contents

• Key takeaways
• What Matters Today
• Put on your listening ears
• US GDP Tracking
• Today's economic calendar
• Disclosures
• Research Analysts

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial