US: Looking for cues from Fed speak – Danske Bank

In view of analysts at Danske Bank, financial markets will be on their toes looking for clues on US monetary policy today when Fed members Bullard and Quarles speak today followed by Fed Chair Powell’s hearing before the Financial Services Committee in Congress tomorrow.

Key Quotes

“Prior to the Fed meeting in March, this is an opening for Powell to signal whether the Fed aims to do four rate hikes instead of three as signalled back in December in the latest projections due to even more expansionary fiscal policy following the budget deal.”