The FED blabbering is over


This afternoon we had a number of FED members with comments on the monetary policy. Lacker was the first to hit the wires. He said that he was comfortable with four rate hikes this year, but he´s not a voting member yet. Then came Fischer who gave us a nod that there won't be a rate hike in June. Dudley closed the sequence of comments saying that the FED policy is data dependent and that he was surprised the market didn´t pay more attention to FED members. But, with three members being inconsistent with each other how can we?

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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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