1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Fed's Fischer: Timing of rate lift-off and subsequent adjustments conditional to economic...

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Bali) - US Fed vice-charman Stanley Fischer, crossed the wires over the weekend, via Reuters, speaking at the IMF in Peru, noting that the US economy continues growing but with considerable uncertainty due to global economic and financial conditions.

    Fischer added: "Both the timing of the first rate increase and any subsequent adjustments to the federal funds rate target will depend critically on future developments in the economy."

    Additional headlines

    Shifting expectations about the Fed's policy plans could itself be a source of volatility but US officials can't communicate more than facts warrant

    Fed decision to delay rate hike is Sept meant to allow more time to assess developments globally and particularly in China

    Does not anticipate recent events will have a significant effect on Fed policy, but notes "disappointing" recent jobs report and slow export growth

    Slowing rate of jobs growth still adequate to absorb remaining slack in US labour market

    Drag of low oil prices on US investment appears to be waning

    Exports may be restrained by strong US dollar for "somewhat longer
    For more information, read our latest forex news.
     

Share This Page