Fed Speakers: June is a Live Meeting - Westpac
Sean Callow, Research Analyst at Westpac, notes that yesterday there was lots of commentary from Federal Reserve members.
Key Quotes
“San
Francisco Fed president Williams (centrist though sometimes mislabelled
as a dove) said he’s optimistic on growth and there could be 2 or 3
rate increases this year.
St. Louis Fed president Bullard
(centrist, voter this year) said June is a “live” meeting in terms of
raising interest rates, though he is worried about the wide gap between
market pricing and the Fed’s projections.
Dallas’s Kaplan also
said June is “live”. Presumptive Republican presidential nominee Donald
Trump said if he became president, he would most likely replace Fed
chair Yellen because she is not a Republican.”
