Rate hike in Oct or Dec appropriate – Fed’s Lockhart

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The Fed member Lockart tried talking up rate hike expectations on Friday by stating that an interest rate hike in October or December is likely and appropriate.

    Key quotes

    Sees rates liftoff relatively soon, inflation to rebound in the medium term as transitory factors fade

    Recent economic data mixed, ‘a touch more downside risk’ in recent weeks

    Liftoff depends on incoming data, especially consumer activity
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