That Rate Rise Is Coming: Fed’s Bullard Says Everyone Seems Prepared (News: 30/05/16)
Today’s Press
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That Rate Rise Is Coming: Fed’s Bullard Says Everyone Seems Prepared
“My sense is that markets are well-prepared for a possible rate increase globally, and that this is not too surprising given our liftoff from December and the policy of the committee which has been to try to normalize rates slowly and gradually over time,” Bullard told a news conference after speaking at an academic conference in Seoul.
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Inching up to zero, German inflation little moved by ECB stimulus
German annual inflation rose out of negative territory in May but only as far as zero, showing price pressures in Europe’s largest economy remain weak despite the European Central Bank’s ultra-loose monetary policy.
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$50 oil shouldn”t pose major threat to consumers, economy
The arrival of higher energy prices isn”t necessarily bad news for consumers — at least not yet. Analysts expect gasoline and airline fares to stay relatively low at least through the summer travel season.
Next Trading Day’s Important Events
- 12:00 (GMT+3) EU CPI
Forex Quotes:
- USDJPY: 111.19
- EURUSD: 1.1141
Indices:
- S&P 500: 2,099.06
- NASDAQ : 4,933.50
Source:: That Rate Rise Is Coming: Fed’s Bullard Says Everyone Seems Prepared (News: 30/05/16)