Monday, 23 March 2015

US Fed’s Bullard says a bigger rate hike may be needed if they wait too long

  • may get behind the curve with long wait
  • not close to that at the moment though
  • data dependent for rate hike
  • strength of USD in recent months has been down to the ECB’s polices
  • US end-2015 growth seen at 3.0%
Our friends at Livesquawk reporting  St Louis Fed’s Bullard on CNBC
USD slightly firmer but USDJPY still capping at 120.00
    Rate hikes ? – Count me in says Bullard the Bull

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