Fed's Hammack: Fed likely to hold rates steady 'for some time' ...Middle East

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Feds Hammack: Fed likely to hold rates steady for some time
source : forex live ( Middle East ) () 49
Further easing in inflation is far from certain and upside risks aboundEasing inflation has been uneven and has slowedSeeks evidence inflation is moving to 2% before supporting more cutsPatient policy will also allow Fed to monitor jobs marketPolicy does not appear to be 'meaningfully restrictive'Broad financial conditions are accommodative right now

Hammack is a hawk but her comments here are mostly in line with what other officials at the Fed have been saying.

This article was written by Adam Button at www.forexlive.com.

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