Variants of the developments after the FOMC decision

According to analysts Barclays Capital, for the federal funds rate today is unlikely to be subject to revision, and hence all the attention of market participants focused on the accompanying statement. The bank believes that the likelihood of positive growth in the second half of 2009 will be more optimistic assessment. And, therefore, no action to increase the program of quantitative easing will not be accepted. According to bank analysts, such a decision could be viewed as a first step towards the normalization of U.S. policy, which means it would support the U.S. currency. On the other hand, according to analysts Brown Brothers Harriman, if the FOMC statement will lead to a weakening of speculation about possible rate increases in the first quarter of next year or if the Fed decides to increase government purchases. bonds, the possibility of weakening the U.S. dollar will increase.