Download!Download Point responsive WP Theme for FREE!

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
For more information, read our latest forex news. …read more

Source:: FX Street

      

Add a Comment

Your email address will not be published. Required fields are marked *

Searching...