Fed's Kashkari: No reason to hurry up and raise rates | Forex Factory

  • Fed's Kashkari: No reason to hurry up and raise rates

    From fxstreet.com

    President of the Federal Reserve Bank of Minneapolis, Neel Tushar Kashkari is making statements at the Banking Law Institute, in Minneapolis noting the following: Key quotes (via Reuters) • Friday's core pce inPCEtion measure shows still coming up short on inflation target • There's no reason to hurry up and raise rates • There is interest among FOMC members to shrink the balance in a gradual way

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Kauzen
Mar 31, 2017 11:04am
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No need to worry... This week it's been pretty slow because there was not enough data so MM had to go on something and the only thing was to go on what FED officials said... next week we're back with proper data so there will be lots of chances to make green pips...
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Kalamegdan
Mar 31, 2017 10:05am
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This clown is known to be the most dovish among the FED. His lonely barking voice don't matter in voting.
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eqshack
Mar 31, 2017 11:16am
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month end! sell dollar..
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abelfxtrader
Mar 31, 2017 2:05pm
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Between the possibility of 2 more hikes and brexit and the incoming elections on the EU... it will be plenty opportunities to make lots of pips selling the eur/usd.
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zahirul
Mar 31, 2017 10:48am
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Is he voting member ?I am afraid for him .
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tradoholic
Mar 31, 2017 10:28am
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Quoting amateurme
{quote} yet he gets so much media coverage and fucks up my trades
Lol, he is probably short on USD against all majors...
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Kalamegdan
Mar 31, 2017 10:37am
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Quoting amateurme
{quote} yet he gets so much media coverage and fucks up my trades
No need for your trades to get fucked up esp. today when market is ranging..nothing easier than selling top buying bottom

Not excluded that he might had lone voted against rate hike just to get media coverage
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amateurme
Mar 31, 2017 10:20am
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Quoting Kalamegdan
This clown is known to be the most dovish among the FED. His lonely barking voice don't matter in voting.
yet he gets so much media coverage and fucks up my trades
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amateurme
Mar 31, 2017 10:56am
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Quoting zahirul
Is he voting member ?I am afraid for him .
unfortunately he is. 9 voted for rate hike and he was the only one against :/
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Kalamegdan
Mar 31, 2017 10:34am
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Here you go with the clown....https://m.youtube.com/watch?v=hGYSqMlHbSc
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Trader#20AA
Mar 31, 2017 11:32am
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The fed needed to rate hike in fomc meeting 3 may 2017 because i see inflation us little up in 2,5% it is very high so the fed needed bring inflation around 1,7-2% it is not very low and not very high and the economic still solid support to rate hike
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Trader#1873
Mar 31, 2017 12:19pm
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I honestly don't believe it had anything to do with this news coz it's nothing new. The fed already said they would increase 3 times and not 4. What hurt the dollar was trump going after currency manipulators and that Flynns immunity request was rejected and on top of that trump is going to meet Xi so that's why the safe havens (yen and gold) rallied.
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Trader#201D
Mar 31, 2017 5:58pm
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The fed not fear about election in europe,it is not have influence in us
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