First this...Gold Jumps As "Dovish" Dudley Sees The Light On 'Hard' Economic Data, Warns Of Q1 Weakness
Mar 31, 2017 9:25 AM
It may be the fastest transition from a "hawkish" to "dovish" to "hawkish" stance by a Fed talking head in history, after New York Fed President Bill Dudley went from "it is important not to overreact to every short-term wiggle in financial markets" and predicting "gradual rate hikes for the rest of the year" yesterday after the close, to "the Fed is in no rush to hike" back to "two more interest hikes this year seems reasonable".
During the Bloomberg interview, Dudley also admitted there's "no rush to hike" as the "economy is clearly not overheating," warning of the potential for Q1 weakness as "sentiment [improvements] are not showing up in the hard data yet."
Then this...Fed’s Dudley says two more interest-rate hikes this year ‘seems reasonable’
Mar 31, 2017 10:03 AM
WHAT A SHIT SHOW BY THESE ASS CLOWNS!
