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6 May 2016
Fed Speakers: June is a live meeting - Westpac
Sean Callow, Research Analyst at Westpac, notes that yesterday there was lots of commentary from Federal Reserve members.
Key Quotes
“San Francisco Fed president Williams (centrist though sometimes mislabelled as a dove) said he’s optimistic on growth and there could be 2 or 3 rate increases this year.
St. Louis Fed president Bullard (centrist, voter this year) said June is a “live” meeting in terms of raising interest rates, though he is worried about the wide gap between market pricing and the Fed’s projections.
Dallas’s Kaplan also said June is “live”. Presumptive Republican presidential nominee Donald Trump said if he became president, he would most likely replace Fed chair Yellen because she is not a Republican.”
Key Quotes
“San Francisco Fed president Williams (centrist though sometimes mislabelled as a dove) said he’s optimistic on growth and there could be 2 or 3 rate increases this year.
St. Louis Fed president Bullard (centrist, voter this year) said June is a “live” meeting in terms of raising interest rates, though he is worried about the wide gap between market pricing and the Fed’s projections.
Dallas’s Kaplan also said June is “live”. Presumptive Republican presidential nominee Donald Trump said if he became president, he would most likely replace Fed chair Yellen because she is not a Republican.”