USD gains on dots & hawkish dissents

  • Phily Fed President Plosser kept his dissent that the “considerable time” phrase should be removed
  • Dallas Fed President Fisher joined him this time, saying that an earlier reduction in monetary accomodation than suggested by the Committee’s forward guidance is likely
  • Also, 14 FOMC members now expect a rate hike in 2015 vs 12 previously


The post USD gains on dots & hawkish dissents appeared first on

Leave a Reply

Your email address will not be published. Required fields are marked *