Archive for the ‘Fellow’ tag
Fed Watch: FOMC’s Window of Opportunity for Rate Hike Now Closed
The Federal Open Market Committee (FOMC) is once
again expected to leave rates where they are as it continues to assess
the extent of recent signs of weakness in the U.S. economy.
Julian Jessop of Capital Economics said that given the Fed didn’t move
on interest rates in June, the odds of a change in rates now is even less
likely.
However, Jessop said there is a chance Charles Plosser will join
fellow FOMC hawk Richard Fisher in voting for an immediate rate
hike…