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Fed Speakers Before Blackout: Don’t Know About Hike
Tomorrow is the start of the Fed’s pre-rate-decision blackout period, in which members of the FOMC won’t speak to the press. In anticipation of that, a bunch of them have done interviews at the end of this week. Investors have been keenly focused on that because of a non-typical timing issue this time around. The release of US CPI figures next week happens to coincide with the Fed’s blackout period. Which means there won’t be a chance to gauge FOMC members’ reactions to the data before traders have to take position for what the Fed might do. So, the recent comments from Fed officials have gotten extra ... (full story)