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Fed's Mester: Time to move off zero rates

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - Fed's Mester keeps crossing the wires, noting that is time to to move off zero rates, despite acknowledging that policy will still be accommodative.

    Headlines

    "Job growth wasn't as weak as some think it was - only need to see about 70k-120k job gains per month."

    Could stop/start reinvestment if needed after 1st stop - would prefer not to doing negative rates, if in situation.

    "We're beginning to hear more reports of wages rising."

    "Wants rates rises for some time before ending reinvestment."
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