Federal Reserve Fisher, in an interview on Fox Business – and headlining across the Bloomberg:
- Says FOMC is ‘coming in my direction’
- Sees moving date of liftoff ‘further forward’
- Didn’t dissent July 30
- Says markets are too focused on ‘dots’ forecast
And, Headlines via Reuters :
- We are going to have to move the date of liftoff further forward than had been projected in June
- If Fed’s policy-setting committee doesn’t continue to move in my direction, I will dissent
- At some point rates will go up, and markets will have to adjust
Those lights you see at the end of the tunnel are an FOMC train
Mike was all over Fisher back on Friday: Fed’s Fisher says things are better, moving in the right direction