We had Fed speakers on Tuesday US time, Kashkari watered down the prospect of a December rate cut … didn;t rule it out but he sounds shaky:
Fed’s Kashkari: The fundamentals seems strong and I’m optimistic that will continueFed’s Barkin: Fed in position to respond appropriately regardless of how economy evolvesFed’s Waller: Makes no comments on economy or monetary policy outlook
The agenda ahead includes another three. The times below are GMT/US Eastern time format:
1435/0935 Federal Reserve Bank of Dallas President Lorie Logan gives opening remarks before hybrid “Energy and the Economy: Meeting Rising Energy Demand” Conference hosted by the Federal Reserve Banks of Dallas and Kansas City1800/1300 Federal Reserve Bank of St. Louis President Alberto Musalem speaks before an Economic Club of Memphis luncheon1830/1330 Federal Reserve Bank of Kansas City President Jeffrey Schmid gives luncheon keynote before hybrid “Energy and the Economy: Meeting Rising Energy Demand” Conference hosted by the Federal Reserve Banks of Dallas and Kansas City
This article was written by Eamonn Sheridan at www.forexlive.com.
