Says market is assuming hikes between Spring-Summer 2015 but he sees them sooner rather than later
I’m not clear whether that means before Spring next year or the start of that period but unsurprising stance from hawk Fisher. No further detail present but all wires reporting the headline from a speech in Rome
EURUSD a tad lower at 1.2722 GBPUSD 1.6300 USDJPY 109.23 USDCHF 0.9492
Add:
I won’t say what we’re saying internally, that would not be appropriate, but maybe sooner rather than later
Fisher still talking his book