Hilsenrath: Fed has "quietly encouraged" view of no hike until mid-2015 via ForexLive

Am I the only one who thinks Hilsenrath has lost his edge since Yellen took charge?

Anyway, he's out with his post-NFP write up in the WSJ.

He notes that the report fits with Yellen's narrative of people coming into the market to restrain jobs growth and said the Fed is in no rush to hike:

When last surveyed in June, officials said they didn't expect to move to raise interest rates until 2015, and officials have quietly encouraged the market's view that they won't move until the middle of the year.

posted via ForexLive