3 Jan 2014
Flash: Any sound-bites from Fed speakers?
FXstreet.com (London) - Strategists at Rabobank noted we have a slew of Fed speakers: Stein, Plosser, Lacker, and Bernanke coming up.
Key Quotes:
“…all of whom are talking specifically about the economy at various venues”.
“Their comments are likely to be quite upbeat overall given that the Fed’s QE tapering process is already underway”.
“…it would be quite strange to have just embarked on that particular journey in December (albeit making clear it was a data-dependent one), and then immediately flag concerns over the economic outlook”.
“Nonetheless, as always the market will be looking for any key sound-bites in their various pronouncements”.
Key Quotes:
“…all of whom are talking specifically about the economy at various venues”.
“Their comments are likely to be quite upbeat overall given that the Fed’s QE tapering process is already underway”.
“…it would be quite strange to have just embarked on that particular journey in December (albeit making clear it was a data-dependent one), and then immediately flag concerns over the economic outlook”.
“Nonetheless, as always the market will be looking for any key sound-bites in their various pronouncements”.