FXStreet (Delhi) – Research Team at Danske Bank, suggest that the market participants will focus today on the speeches of NY Fed president Dudley and Chicago Fed president Evans with regard to any clues about the lift-off.
Key Quotes
“Today, NY Fed president Dudley, who is an influential member of the FOMC, will give his view on monetary policy followed by Chicago Fed President Evans later in the day and San Francisco Fed President Williams. We already know that Williams saw the September decision as a 'close call' but we expect Evans to strike a more dovish tone.”
“Most important, however, are the comments from Dudley. Last week, FOMC chair Yellen clarified that she is also in the camp seeing a rate hike later this year barring any new negative shocks to inflation and growth.”
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