They will play the card, but will only delay if the markets are in turmoil pre 23rd. Otherwise, this is a side issue for the Fed. A good jobs number today (mainly wage growth, as the headline jobs will be depressed from a Verizon strike), and there's a very good chance of a move in June. Otherwise July. The Fed is not mandated to care about overseas events unless there is severe market turmoil that could impact their domestic mandate. The markets have been woefully underpricing the chance of Fed moves lately, which has required a slew of regional bank governors to correct them.
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Reply to: Fed warns of Brexit Risk
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Previously on "Fed warns of Brexit Risk"
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Anyone who follows these things closely knows that this is utter crap.
They will play the card, but will only delay if the markets are in turmoil pre 23rd. Otherwise, this is a side issue for the Fed. A good jobs number today (mainly wage growth, as the headline jobs will be depressed from a Verizon strike), and there's a very good chance of a move in June. Otherwise July. The Fed is not mandated to care about overseas events unless there is severe market turmoil that could impact their domestic mandate. The markets have been woefully underpricing the chance of Fed moves lately, which has required a slew of regional bank governors to correct them.
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What, an insignificant island that cannot survive outside the great EU, who would be back of the queue for every trade deal can affect the mighty USA FED policy?Originally posted by BlasterBates View PostLooks like the Federal reserve have also weighed into the debate
Analysis - Fed likely to avoid rate hike before Britain votes on leaving EU | Reuters
Another reason to vote Brexit.....
How can that be?
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The fed will not vote for a rise for a long while. There are bigger worries than BrExit - most notably that Trump may be elected.
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Fed warns of Brexit Risk
Looks like the Federal reserve have also weighed into the debate
Analysis - Fed likely to avoid rate hike before Britain votes on leaving EU | Reuters
Another reason to vote Brexit.....Fed Board Governor Daniel Tarullo on Thursday joined the chorus of those warning of his concerns over the British vote, telling Bloomberg that Brexit would be a "factor" he would consider at the Fed's June policy meeting and said that the British vote's impact on markets would be key.Tags: None
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