What the US Fed is trying to tell us: Nick Beecroft, Saxo Capital Markets Chairman Though the US economy is expected to improve the second half of this year,...

What the US Fed is trying to tell us: Nick Beecroft, Saxo Capital Markets Chairman Though the US economy is expected to improve the second half of this year, the latest Fed statement may provide clues around the government's monetary policy intentions. Saxo Capital Markets Chairman Nick Beecroft shares his thoughts on the latest FOMC statement: There were some interesting discussions about exit strategies from the current accommodative stances - both how they were going to raise rates, and their plans around unwinding QE and they've become more doveish there. There's a mood to only stop reinvestment in mortgage-backed securities after they've hiked rates. Beecroft will be watching the next meeting and new Summary of Economic Projections in mid June. (VIEW LINK)