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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (5252)	3/18/2015 8:43:11 AM
From: The Ox	Read Replies (1) \| Respond to of 15903

I don't think we are going to see much of a change in their policy statement today. I agree with this view: With the Federal Reserve meeting on Wednesday and economists on the lookout for signals that it could begin raising interest rates within months, the OECD said it should wait. "Lower oil prices and the appreciation of the dollar make it appropriate for the Federal Reserve to wait longer to raise policy interest rates," said the OECD. The dollar has been quickly rising in value as the Fed nears raising interest rates and the ECB has eased monetary policy, which could slow US exports and growth. The OECD held its forecasts for US growth steady at 3.1 percent this year and 3.0 percent in 2016. finance.yahoo.com While down won't be surprising to me, I'm not sure we'll be seeing 500 or 1000 points down on the DJIA