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Fed’s Bullard – Next rate hike may not be far off

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    New York Fed’s James Bullard was on the wires stating the bank’s forecast suggests next move higher in the rates may not be far off.

    Key Quotes

    March pause put weight on global growth downgrade

    Downgrades in March forecasts were relatively minor

    Inflation and financial conditions are about the same as they were for the Dec meeting

    The macro outcome of moving at one meeting vs another is pretty small
    For more information, read our latest forex news.

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