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Fed struggles to convince markets that June is a live meeting, FOMC minutes could help

Discussion in 'Fundamental Analysis' started by ForexLive, May 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Markets in a 'show me' state FOMC members Lockhart and Williams tried to send a message that a hike at the June meeting is possible on Tuesday. "If the data continue to be encouraging I would certainly entertain some policy move in June," Lockhart told the FT today. "I don't think June should be taken off the table. I am of the view - others, my colleagues have said this - that markets may be reading this more pessimistically than I am. The [market-implied] probability of a rate increase in June is quite low."

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