In this special edition of Macro Minutes, Peter Schaffrik is joined by Blake Gwinn to dissect the first FOMC meeting under the new chairman Warsh. Blake shares his views on the task forces set up, the market reaction to the change in the SEP projections and explains why he still does not expect rate hikes this year.

Participants:

Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics

Blake Gwinn (Desk Strategy), Head of US Rates Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts