Morning briefing: US Fed language will focus attention

coffee with beans

It is expected that the US Fed will remove “patience” from its language surrounding rates increases, and will instead note that the improving economic performance in the US offers the opportunity for a change in policy.

In Europe, attention will continue to focus on negotiations between Greece and its creditors. The situation appears to be as intractable as ever, and won’t have been helped by footage released last night which showed Greek finance minister advocating Greece “ give the finger” to Germany in an address back in 2013. An article in this weekend’s Der Spiegel raised the notion of a Grexit once again, and noted that many politicians in Germany and the EU were preparing for such an eventuality.

The Spanish trade deficit is expected to widen for the year to January, with forecasts predicting that the trade deficit will edge up to €1.9 billion, up slightly from €1.82 billion.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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