The Fed’s Bowman is a hawk so there was a risk of her leaning into today’s bond move but she limited her comments to banking in a speech titled: Bank Mergers and Acquisitions, and De Novo Bank Formation: Implications for the Future of the Banking System
You can read it here, if that’s your kind of thing.
We will hear from more Fed speakers later:
- Noon ET – Williams
- Noon ET – Mester
- 1:30 pm ET – Daly
It’s a busy week for Fed speakers, check the economic calendar.
This article was written by Adam Button at www.forexlive.com. Source