Eric Lascelles

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Last quote by Eric Lascelles

This week's announcement should be fairly sleepy, lacking in pomp with no press conference, no updated dot plots, or new growth forecast. Our bias is for a slightly softer statement given the recent run of macro data that saw lower inflation, a lower ISM, weak Q1 GDP growth and soft March payrolls. The urgency to tighten has diminished, though June is still a decent bet with a 70 percent market-assigned probability.feedback
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May 03 2017
This page is completely dedicated to what Eric Lascelles has to say. All of Eric Lascelles’s quotes are organized here by date and topic. The most recent quote attributed to Eric Lascelles came from an article called Fed rate hike could move quicker than expected, says Credit Suisse: “This week's announcement should be fairly sleepy, lacking in pomp with no press conference, no updated dot plots, or new growth forecast. Our bias is for a slightly softer statement given the recent run of macro data that saw lower inflation, a lower ISM, weak Q1 GDP growth and soft March payrolls. The urgency to tighten has diminished, though June is still a decent bet with a 70 percent market-assigned probability.”.
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