GOLD 0.51% $1,391.7 gold futures

Here are the key statement excerpts: June rate hike may be...

  1. 574 Posts.
    Here are the key statement excerpts:

    June rate hike may be warranted:
    The Fed remains worried about foreign developments:
    So much so that "global" was used 15 times in the April minutes.
    Worries about brexit just after the June meeting:
    And the usual worries about an asset bubble.

    The Fed is also worried that the market is underestimating the Fed. In fact, the following statement may be the most important one. Some members expressed concern that the likelihood implied by market pricing that the Committee would increase the target range for the federal funds rate at the June meeting might be unduly low

    However, the market may be right again:

    Yes, that would be useful.
    Of course, at the end of the day, it's all about this:

    BofA chart_0.jpg


    "We will, we won't......" lmao
 
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