Gemma Wright
Gemma Wright
bias economic fed likely manage market pace recovery shift trying
We think the Fed is trying to manage market expectations on the pace of economic recovery and on when the Fed is likely to shift its (monetary policy) bias to neutral.
bid buyers exchange foreign friday market money risk
What you have to look at is what has been occurring in the foreign exchange markets. They (Bank of Japan) were rumored to be significant buyers on Friday and Monday, the (Treasury) market was bid up on Friday and Monday, so there's a very big risk that they've already put that money to work.