One data point will be enough to change FOMC's view: Danske Bank

Quotes from Danske Bank:

-US data received since the January FOMC meeting includes the January employment report, which was very strong. However, we doubt that one data point will be enough to change the Committee's view, in particular when inflation indicators continue to be soft.

-This challenges our call that the Fed will remove 'patient' from the statement in March and raise the fed funds rate this summer. Much depends on February data, however, and we will learn more when Yellen delivers her semi-annual testimony on 24 February.