Dallas Fed president Kaplan: A rate cut from here would make Fed policy stimulative

Market news

5 June 2019

Dallas Fed president Kaplan: A rate cut from here would make Fed policy stimulative

Prefer to be patient here and let events unfold
Need to see further deceleration in the economy before deciding
Fed is in the neighbourhood of neutral rates right now
It's too early to make judgement on rate cut call
Yield curve reflects heightened trade tensions
Consumers in good shape, businesses face uncertainty
We are on heightened alert as a result of trade tension
Threats against Mexico are having a "chilling effect" on business

Australia's GDP growth too low for comfort - ANZ

UK services PMI hints at stronger hiring demand and some core inflationary pressure - ING

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