Brainard Rains On USD Bulls' Parade Fed’s Lael Brainard departed from the sentiments expressed by the majority of Fed members in comments made yesterday. Coming just days after the usually Dovish Rosengren argued in favour of a rate hike, noting that with US employment at full capacity and low rates risking an overheating of the economy, Braina...
Traders are anxiously waiting for Fed Interest Rate Decision as the second rate hike in a decade might happen already in September. Yet, the analysts are still arguing on the possibility of this move. Expectations have been fluctuating in the build-up to this meeting with some analysts anticipating that recent labour market gains will lead the ...
Members of the Federal Reserve, open market committee, will be convening for the two-day Fed meeting on June 14 and 15th. The FOMC meeting will be closely watched across the equity, bond and currency markets. On the table is the question whether the Fed will be able to lead the markets towards future interest rate hike expectations. [captio...
The economic calendar this week, barring a few scheduled events is likely to remain light on data. The RBA and the RBNZ will be meeting this week and Monday kicks off into high gear with Fed Chair, Janet Yellen and Boston Federal Reserve President and FOMC voting member, Eric Rosengren speaking later in the day. Over the weekend, another FOMC vo...
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