Fed’s Kaplan: By march there should be enough information to make a rate decision
|By FXStreet FXStreet (Bali) – Fed’s Kaplan (New Head of Dallas Fed), on his Q&A, continues to make comments on monetary policy, noting that by march there should be enough information to make a rate decision.
Main headlines – via Reuters
May not be enough data before January to make a decision to raise rates
Says that by March there should be enough information to make a rate decision
China stock market volatility forced Federal Reserve to pause before, could happen again
Sill be watching 10-year treasury for information on expectations for growth
Market does believe Federal Reserve will raise rates gradually and based on economic data
Says four rate hikes in 2016 is not baked in cake, believe policymakers will be open-minded
Need some time to see how things unfold in China, too soon to say
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Source:: FX Street