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Fed’s Bullard: We’re about where we need to be on rates

September 4, 2018 by admin 0 Comments

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St Louis Fed president James Bullard comments in interview with Fox Business

Trump has more influence on the Fed with appointments than with his tweets
Most of my colleagues see a high chance of a September rate hike

ForexLive

Currently, Fed funds futures have a rate hike for 26 September pretty much baked in already. The probability priced is a whopping 95.2% at the moment. And Bullard’s message here pretty much reaffirms that notion.

The real question will be on the likelihood of a December rate hike. The market will surely be looking for clues later this month with regards to that.

This article was originally published by Forexlive.com. Read the original article here.