Fed watcher, Nick Timiraos of the WSJ is tweeting that comments from Fed’s Hammack on Thursday are not really saying a June rate cut is forthcoming. The qualifier is “if”. Whenever there is an “if” it means a condition or more likely conditions still need to happen and they can be for than one, a couple or a few…
His full tweet:
This article was written by Greg Michalowski at www.forexlive.com.