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There are some hawkish comments from two different FOMC members this weekend. The first is John Williams, President of the Federal Reserve Bank of San Francisco. He says that the call to keep rates steady in September was a close one and he expects rates to rise later this year. More on this HERE.
James Bullard, President of the Federal Reserve Bank of St. Louis, says that he would've voted for a rate rise and added that the case for policy normalization is strong because the FOMC objectives have been met.
Williams is a voting member of the FOMC. Bullard is not but will get a vote in 2016.
Not sure if these comments will have more then a short-term impact for the Dollar. In the end it matters what the Fed does, not what they say, and they seem unwilling to rise rates at this point.
James Bullard, President of the Federal Reserve Bank of St. Louis, says that he would've voted for a rate rise and added that the case for policy normalization is strong because the FOMC objectives have been met.
Williams is a voting member of the FOMC. Bullard is not but will get a vote in 2016.
Not sure if these comments will have more then a short-term impact for the Dollar. In the end it matters what the Fed does, not what they say, and they seem unwilling to rise rates at this point.
