Federal Reserve Bank of Cleveland President Beth Hamm
- Markets look stressful but are working
- We can proceed more quickly when the fed rates adjust.
- Monetary policy is still a minor restrictive.
- It is not clear that removing the SLR barrier leads to risk capacity.
- The desk is ready to engage in money markets, if needed, but we are seeing that markets work themselves.
- I like to wait than going in the wrong direction with rates.
Imagine trying to determine monetary policy in Trump-Indicated Anarchy
This article was written by Eamonn Sheridan at www.forexlive.com.
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