- Everything is always on the policy table
- Asked about a Dec cut, said he doesn’t like to tie his hands before data
- We are going to be looking at rate cuts along the lines of the Sept Fed projections
- Recent inflation has been higher than target, if that’s extended then it’s too high
- Not a lot has changed in the past couple weeks
Here are the Sept projections. The market is pricing in 3.80% for next December.
This article was written by Adam Button at www.forexlive.com. Source