Fed's Dudley to MNSI: Tightening financial conditions a concern

1^st Fischer slightly less hawkish..

And now.. Dudley….. Tightening financial condition a concern!!!

See latest Cleveland FED update in my chart below…… This is now "officially" a trend towards:

"Much lower for muchos longer…"…

Markets:

Observe EURUSD… break of 1.1000 important…..

Fed's Dudley to MNSI: Tightening financial conditions a concern

    Feb 3 (Reuters) - Financial conditions have tightened

considerably in the weeks since the U.S. Federal Reserve raised

interest rates and monetary policy makers will have to take that

into consideration should that phenomenon persist, a top Fed

official said on Wednesday.

    In addition, the weakening outlook for the global economy

and any further strengthening of the dollar could have

"significant consequences" for the health of the U.S. economy,

William Dudley, president of the Federal Reserve Bank of New

York, told MNSI in an interview.

     

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