On dissents Yellen says it natural to have a varying range of opinion via ForexLive

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  • These dissents are not abnormally normal
  • Fisher and Plosser concerned the inflation to pick up (Plosser especially has been looking for inflation for about the last 3 years)
  • Europe's low inflation is a risk to global economy, but one of a number of risks
  • Hope's they are successful in turning it around for the benefit of them and the US
  • We want to make sure we have the flexibility to respond to economic changes
  • Fed has flexibility to move faster if economy warrants (again, that hawkish shift in sentiment)

USD/JPY up to the highs again at 108.08 and EUR/USD is getting another tonking through 1.29 to 1.2886

posted via ForexLive

Posted In: FuturesForexGlobalEconomics
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