It just seems strange to me that many of the Fed members are coming out this week taking a much firmer stance on inflation that past weeks.
I wouldn't be surprised if there was a rate increase in June but it just feels like they have other motives in coming out and making such blunt comments this week.
Does anyone else think that maybe the Fed is trying to keep the dollar from getting away from them?
Also, I wonder if central bank presidents communicate with each other behind closed doors in order to keep somewhat of a global balance. If that is the case, perhaps the Fed has information about the ECB interest rate announcement and wanted to drive value of the dollar up a bit to cushion it's fall.
What do you all think?
I wouldn't be surprised if there was a rate increase in June but it just feels like they have other motives in coming out and making such blunt comments this week.
Does anyone else think that maybe the Fed is trying to keep the dollar from getting away from them?
Also, I wonder if central bank presidents communicate with each other behind closed doors in order to keep somewhat of a global balance. If that is the case, perhaps the Fed has information about the ECB interest rate announcement and wanted to drive value of the dollar up a bit to cushion it's fall.
What do you all think?