This week, several U.S. monetary policymakers testified, helping to solidify the view that a rate hike at this month's FOMC meeting is unlikely. New York Fed President John Williams said monetary policy was "in a good place" and that examining incoming data will determine whether policy is tight enough to bring inflation back to the Fed's target. Several bullish Fed members noted that while additional tightening may ultimately be necessary, there is no need to raise rates at the next meeting on September 20. Futures markets were in line, as the probability of a hike at the next meeting is 7%, while the odds of a November hike rose to 46%.
Ballestas Group
Comentários