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Fed’s Williams added to lift-off timing debate – BBH

FXStreet (Delhi) – Research Team at BBH, note that the San Francisco Fed President John Williams added to the timing debate yesterday, saying that the cycle should start in the “near future.”

Key Quotes

“It’s unclear what exactly this that means, but it most likely suggests he favors a hike this year. "My own view is that the economy is still on a good trajectory,” he stated. He also minimized the recent string of weak data by saying that the Fed should be forward-looking.”

“During the North American session, the US reports September housing starts and building permits. The Fed speaker schedule is quite heavy today, with Dudley, Powell, and Yellen all appearing. After Williams yesterday, markets will be focused on the important duo of Dudley and Yellen today.”

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