The Traderszone Network

Published in TZ Latest News 2 August, 2016 by The TZ Newswire Staff

Dallas Fed’s Kaplan repeats that the FOMC should proceed in a "gradual and patient" manner when raising rates

Dallas Fed president Robert Kaplan speaking in Beijing 2 Aug 2016
– will continue to assess impact of Brexit as it will take time for consequences to unfold
– will continue to monitor impact of China’s slowing growth on ccys and global financial conditions
Cautionary words understandably from the DallasĀ Fed head but no impact on current price action.