Monday, April 11, 2016

Forex - US: Fed's Kaplan - Does not support rate hike based on current data

REMARK
(11/04/16, Rtrs, BB) Does not support rate hike based on current data, Fed won't know enough about outlook by Apr. Very open minded about making a judgement before Jun meeting. Expects stronger GDP fir rest of year after weak Q1.

VIEW
: It seems that Kaplan will need a significant pick up in growth ion Q2 to back a rate hike in Jun, and Q2 GDP will not be visible at the Jun meeting.


Source → Forex - US: Fed's Kaplan - Does not support rate hike based on current data

Forex - US: Fed's Kaplan - Does not support rate hike based on current data Rating: 4.5 Posted by: Unknown

0 comments:

Post a Comment

Blog Archive