MORNING BID EUROPE-Plotting policy paths for Europe and the US
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It’s a volatile time for central bank watchers, when
comments from one man can flip the script in a moment.
Of course, the man responsible for the latest twist is a
closely followed Fed governor and vice chair nominee, Philip
Jefferson, but still, his comments led bets on the next Fed
policy move on June 14 to retreat from a 70% chance for a
quarter-point increase to just 38% at latest check.
comments from one man can flip the script in a moment.
Of course, the man responsible for the latest twist is a
closely followed Fed governor and vice chair nominee, Philip
Jefferson, but still, his comments led bets on the next Fed
policy move on June 14 to retreat from a 70% chance for a
quarter-point increase to just 38% at latest check.
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