FED: Growth description to continue to sound upbeat - JPM

FXStreet (Guatemala) - Analysts at JP Morgan explained that the focus will be on the weight the Fed will put on the recent soft core CPI and wage growth prints.

Key Quotes:

"Our economists expect that the FOMC will be noncommittal next week and reiterate that is can be patient in normalizing interest rate."

"There will be no press conference and forecasts, just the statement in which we expect the growth description to continue to sound upbeat and the mention that the Fed will "monitor inflation developments closely""