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Do the Fed remove “patient” from the policy statement in next monetary meeting?

13 March 2015 Konstantin Meinhardt

Next Fed's monetary policy meeting is scheduled to be on March 18. Investors speculate that the Fed will remove "patient" from its outlook for monetary policy as the labour market has continued to strengthen. The U.S. economy added 295,000 jobs in February, exceeding expectations for a rise of 241,000 jobs, after a gain of 239,000 jobs in January.

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Market focus

  • Eurozone PMI falls in March as manufacturing downturn deepens
  • Germany output growth at near six-year low as manufacturing downturn deepens
  • Chinese Premier Li stresses implementation of larger-scale tax cuts
  • Euro area current account surplus increased in January compared with December.

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