Weekly Market Recap (08-12 January) ...Middle East

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Weekly Market Recap (08-12 January)
MondayFed’s Logan (hawk – non voter) over the weekend said that the Fed shouldn’t rule out another rate hike given the recent easing in financial conditions and added that it’s appropriate to consider a slowdown in the pace of the Fed’s balance sheet runoff (although we knew that already from the recent FOMC Minutes):We shouldn't rule out rate hike given recent easing in financial conditions.Premature easing of financial conditions could allow demand to pick back up.If we don't maintain sufficiently tight conditions, there is a risk inflation will pick back up, reversing progress.Appropriate to consider parameters to guide decision to slow Fed's balance sheet runoff.

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