- FED's PLOSSER: Tighter monpol by end-2011 'certainly possible'
Market news
6 June 2011
FED's PLOSSER: Tighter monpol by end-2011 'certainly possible'
- Friday's U.S data don't change medium-term prospects;
- see moderate, slow U.S recovery;
- only one direction for interest rates - up;
- challenge is timing the exit right;
- near-zero rates risk creating same problems again;
- infl.threat is not next month, but next year;
- the challenges in Europe are serious.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page