Fed’s Powell

Board of Governor Powell ,A permanent voter, on the wire with Comments.Powell rarely speaks so  attention must be paid.

  •     FED GOV POWELL: ANOTHER HIKE MAY BE APPROPRIATE FAIRLY SOON

First line to hit the wire obviously hawkish   but he does go on to Temper the initial hawkish angle.

  • POWELL: STILL IMPORTANT DATA COMING IN ABOUT ECON, RISKS
  •     POWELL: DON’T HAVE TO DECIDE UNTIL JUNE 15 HOW TO VOTE
  •     POWELL: NO CONCERTED EFFORT TO SIGNAL POSSIBILITY OF RATE HIKE
  •    POWELL: WAGE INFL DOESN’T IMPACT PRICE INFL AS MUCH AS USED TO

So it look like he is in favor of raising rates just not certain on when

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