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Fed Rate Hike Imminent

Fed Rate Hike Imminent

4 Years ago | May 22, 2016 00:00:00

John M. Bland, MBA, CTA

Fed Clears The Air
The latest week saw an unusually consistent set of comments by Fed officials. N.Y. Fed President Dudley put the cherry on top Thursday when he cleared the air about current monetary policy. As one of the top three members of the FOMC, he spoke with authority. Dudley said the June 15 is "definitely a live meeting". He also said that markets have been underestimating the chances for a policy tightening. He said he is quite pleased with the current market June

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