BLOOMBERG Bloomberg Markets June 15, 2016
Member wasonly one that dovish. Plus the committee now expects to raise rates at a slower pace to not only is the fed more dovish, but it has grown more dovish since the last meeting in april and remember from the minutes that most of voting members were ready to june as inflation continues to strengthen. Thef course we have disastrous jobs report and here is what the fed said. Andpace of improvement labor market has slowed. Inflation compensation declined. In other words, not enough to justify a rate hike the are notably, no mention in the policy statement of the grexit risk. The fed is on ho...