Kikuko Takeda
Kikuko Takeda
abandoning continue data economy fed forecast hurricane hurt increase instead katrina lofty markets might oil people percent prices pricing rapidly rates weaker worrying
Markets are rapidly abandoning the forecast for the Fed to increase rates to 4 percent by year-end, and are instead pricing in 3.75 percent. People are worrying lofty oil prices and Hurricane Katrina might hurt the U.S. economy when weaker data continue to come out.
cautious clearly dollar factor supported upside
Clearly one factor that has supported the dollar will disappear. So it's better to be cautious about the dollar's upside potential.
adjust bit past price range time weeks
The price range for the past two weeks was a bit overdone. We need a little bit of time to adjust at this level.
economy economy-and-economics given half higher hikes minds oil past rate year
What's on peoples' minds is the possibility of a slowdown of the U.S. economy given the accumulation of rate hikes in the past year and a half and on higher oil prices,