Fed speak in focus today- Rabobank

Philip Marey, Senior US Strategist at Rabobank, suggests that various FOMC participants get a chance to respond to today’s Employment Report, starting with Fischer at 17:30 CET, followed by Williams at 18:45 CET.

Key Quotes

“At 19:30 CET Rosengren, Evans and Bullard appear on a panel at a conference on ‘The Structural Foundations of Monetary Policy’, while Yellen speaks at Brown University although it is uncertain whether she will address monetary policy and the business cycle.”

“The Fed speakers today and in the coming weeks could add more details to the FOMC statement released earlier this week. First of all, they could be more specific whether they are aiming for a June rate hike, and how incoming data are affecting their views. Moreover, they may provide some insight into the debate about the Fed’s reinvestment policy that took place at the FOMC meeting this week.”