Fed set to hike rates faster than investors currently expect: Fed’s Rosengren

The Federal Reserve is set to hike interest rates more rapidly than investors currently expect, a top Fed official said on Monday, again pushing back on what he said was investors’ too pessimistic view of the U.S. economy and monetary policy. It was the second time in as many weeks that Boston Fed President Eric Rosengren warned that futures markets, which see only one modest rate hike in each of the next few years, are off the mark…

Fed’s Yellen says ‘caution is appropriate’ in hiking rates despite recent rise in inflation

Federal Reserve policymakers urging caution over interest rate hikes have gained the upper hand in the central bank’s internal debate, but the risk for the U.S. economy is that they are wrong to downplay a recent rise in inflation. In words that echo those of colleagues on the Fed’s dovish wing, Fed Chair Janet Yellen told a news conference on Wednesday that “caution is appropriate” when it comes to raising interest rates. She said she was not convinced underlying inflation had accelerated…

Daily Forex Market Review 03/28/14 (+50 pips)

Today’s Trade Result: +50 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

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