Fed’s Paese: Too soon to rule out further US rate hikes

  • Central bank still has time to decide next step
  • Watching 10-year yield for signals on financial conditions
  • Too soon to declare victory on inflation
  • Local contacts report better balance in jobs market

Kathleen O’Neill Paese is Bullard’s interim replacement and not a voter this year. He’s not shy to weigh in despite the interim title.

I’m increasingly worried that Powell will push bank on dovish market pricing later today.

This article was written by Adam Button at www.forexlive.com. Source