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Fed has met its goal – Fed’s Mester

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Fed’s Mester was on the wires today stating that the fed has basically met its goal and a longer delay in the liftoff increases the chances of financial imbalances.

    Mester said yesterday that the economy could handle a 25 basis point rate hike.

    Key Quotes

    Fed is trying to be transparent on rate policy and is not behind the curve

    The longer the delay, higher the chances of financial imbalances

    There is a lot of reasons to think the path will be gradual
    For more information, read our latest forex news.
     

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