• Fed's Dudley: neutral Fed funds rate in 2-3 pct range

Noticias del mercado

31 marzo 2017

Fed's Dudley: neutral Fed funds rate in 2-3 pct range

  • Not huge rush to tighten; economy clearly not overheating

  • Increase in sentiment not yet translated into 'hard' data, Q1 U.S Gdp may be a bit weaker

  • Could gradually trim portfolio perhaps later this year or in 2018

  • Trimming balance sheet a 'substitute' for rate hikes; could 'pause' raising rates at that time

  • Likely not at stage where there is great urgency to tighten policy

Enfoque del mercado
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