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9 Feb 2015
Expectations swinging back towards a mid-year Fed rate hike – BBH
FXStreet (Barcelona) - The Research Team at Brown Brothers Harriman share the key driver for US in the week ahead, noting that this week’s JOLTS, Labor market activity index and retail sales will strengthen the view of mid-year Fed rate hike.
Key Quotes
“The swing in the pendulum of expectations back toward a mid-year Fed rate hike is one of the key developments that will shape the investment climate.”
“The data in the week ahead, including the broader measures of the labor market, like the Fed's new index (Labor Market Activity Index) and JOLTS (Job Opening and Labor Turnover Survey), and core retail sales will strengthen the view.”
“The rise in US interest rates will lend the dollar support and allow the appreciating trend to continue after a consolidating over the last few weeks.”
Key Quotes
“The swing in the pendulum of expectations back toward a mid-year Fed rate hike is one of the key developments that will shape the investment climate.”
“The data in the week ahead, including the broader measures of the labor market, like the Fed's new index (Labor Market Activity Index) and JOLTS (Job Opening and Labor Turnover Survey), and core retail sales will strengthen the view.”
“The rise in US interest rates will lend the dollar support and allow the appreciating trend to continue after a consolidating over the last few weeks.”