Mixed calls from Fed officials – UOB

FXStreet (Guatemala) – Analysts at UOB Group explained recent and mixed commentary from some of the Fed officials.

Key Quotes:

“New York Fed President William Dudley was relatively hawkish, suggesting liftoff was likely to occur before year-end, at the same time, noting that financial conditions and global growth as recent considerations for monetary policy.”

“Meanwhile, Chicago Fed President Charles Evans surprised nobody with his especially dovish commentary, noting that he was unlikely to support a rate hike before mid-2016 at the earliest.”

Analysts at UOB Group explained recent and mixed commentary from some of the Fed officials.

(Market News Provided by FXstreet)