Economy set to pick up in Q2. Should see pick up a wage growth – too hasty to conclude the job market is at a point where inflation pressures are starting to build ForexLive
Comments from Weidmann in Mannheim Dovish stuff from Weidmann and the euro is rightfully selling off. ForexLive
Cain ran for the Republican nomination in 2012 73-year-old Herman Cain is in the running for a role at the Fed, according to Bloomberg. He was the CEO of Godfather’s Pizza.
The ‘summary’ is out well ahead of the minutes and adds a bit more info to the post-meeting statement – January statement: highlights from the summary:
Jeffrey Gundlach is CEO of Doubleline Capital and not shy about expressing his views and opinions rtrs Reuters with the comments, they had an interview with JG on the phone aftrer the FOMC evenst of the day. ForexLive
Powell takes questions from the media after delivering a statement A few hawkish comments could unwind a lot of the moves but so far it’s been a dove’s delight.
Westpac reacts to the Fed decision The January statement tacked strongly in a dovish direction,with the Fed making several significant changes, Westpac says in a note after the event.
Powell takes questions after the FOMC decision: Powell is hammering home that the Fed is on the sidelines. No hiking bias, no cutting bias. The expectation was that they would keep some level of a hiking bias but he’s staying away from it.
Comments from Powell in his post-FOMC statement ForexLive
What changed in the Jan 30, 2019 FOMC statement Lots of red ink on this one: ForexLive