US Bond Market Week in Review: Gradual Lift-Off Has Begun

     The Fed’s consensus is now for additional rate hikes.  Cleveland President Mester – who is a non-voting member – argued for 3 rate hikes this year in addition to a reduction in the Fed’s balance sheet.  Chicago Fed President Evans – who does vote on interest rate policy – is arguing for 2 additional hikes.  Kansas Fed President George – another non-voting member – hedged her bets, saying the Fed has to strike a

Source: XE news feed
US Bond Market Week in Review: Gradual Lift-Off Has Begun