More from Fed Gov. Waller:
- probability of recession seems to have disappeared
- 10 year treasury rate has risen, that’s where you see potential effects on tightening.
- Disconnect about how people think about the speed of rate hike versus expected rate cuts.
- Trying to figure out actual lags is so difficult. Makes us a lot more cautious.
This article was written by Greg Michalowski at www.forexlive.com. Source