Fed's Collins: We need to get conditions sufficiently tight, and then hold
It's early days in judging whether the Fed has gone as far as it needs to goData on PCE is some good newsWe need to balance risk of doing too much versus not doing enoughData in the last week has not materially changed her view of policyWe will hear from the Fed's Williams, Barkin and Harker all shortly before the US equity close. The only notable thing here for me is that they're starting to talk more about this risks of overdoing it. This article was written by Adam Button at www.forexlive.com.
- It's early days in judging whether the Fed has gone as far as it needs to go
- Data on PCE is some good news
- We need to balance risk of doing too much versus not doing enough
- Data in the last week has not materially changed her view of policy
We will hear from the Fed's Williams, Barkin and Harker all shortly before the US equity close. The only notable thing here for me is that they're starting to talk more about this risks of overdoing it.
This article was written by Adam Button at www.forexlive.com.
