Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Discount rate minutes showed two regional banks voting for hike

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Fed discount rate minutes highlights: - Richmond and Kansas City voted for discount rate hike to 1.25% from 1.00% - Regional bank directors viewed growth as 'moderate' Back in Jan after the hike, all 12 regional banks voted to hold rates at 1.00% so there's a small hawkish shift but KC is no surprise because George dissented in favor of a hike. If there are 4-5 votes to hike, it's a stronger signal that the Fed is closer to hiking the Fed funds rate.

    Continue reading...

Share This Page

Trade indices Online