Forex news for US trading on May 17, 2016
Granted the Fed members speaking today (Williams, Kaplan, Lockhart) are non voting members. Nevertheless, each one said that the June meeting was live for the Fed. That comes before the Brexit vote, but they are not bothered. Of course we have heard the story before, and they tend to have courage of 1000 matadors (Williams has up to 7 tightenings in the next year and 7 months) when they get in front of a crowd. The end of 2016 is a long way away and end of 2017? The Fed can’t project the next quarter, how can they "see" 2017 or see the impact of Brexit? Pleasssssseeeee! Feds Dudley and Fischer will speak on Thursday.
Forexlive America’s FX news wrap: Fed’s Williams, Kaplan and Lockhart say June is “Live”
