Thoughts – Insights

"The Day Today" - 17th April 2015

* Fed Lockhart (centrist): ’I lean to a later lift-off date. To the extent you want to simplify that debate to June versus September, I lean to September. I don’t think, given the progress we have made, the state of the economy, and my confidence that the first quarter was an aberration, that it would…

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"The Day Today" - 16 April 2015

* Fed Lacker: “a strong case can be made that short term interest rates should be higher right now” * Fed Bullard: “Boom times ahead, plus us already charting out low interest rates, sounds like risky from a bubble perspective” * US

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"The Day Today" - 15 April 2015

* Fed regional banks call for a hike in the discount rate * Fed’s Kocherlakota: “I’m more worried about the downside” for inflation, and “raising the Fed funds rate in 2015 would be inappropriate” * Ahead of today’s ECB, the worry is that “There could be a sellers’ strike”, according to

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"The Day Today" - 14 April 2015

* After their surprise easing in January, the MAS does nothing in their scheduled semi-annual meeting * Abe adviser Hamada: “I don’t think it’s a bad thing to send a signal that selling of the yen is coming closer to its limit bit by bit” *

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"The Day Today" - 13 April 2015

* Fed Lacker: “the case for raising rates will remain strong at the June meeting”; regarding weak data: “temporary factors like unseasonable weather” * Fed Kocherlakota: “raising interest rates is going to…drive [the economy] the wrong way” * BOJ Kuroda: “Japan’s economy is expected to continue recovering moderately as a trend” * Bundesbank Tells German…

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