Hilsenrath says it's not out of the question but he believes the Fed won't hike
WSJ Fedwatcher Jon Hilsenrath is out with his latest. It's on the WSJ's new central banks pro products so I haven't read it but he was on Fox Business today and hit the main points.
"It would be out of character for Janet Yellen to surprise the market," he said.
He also said he ran into "some New York Fed guys" and they "looked relaxed" so the Fed wouldn't hike.
Hilsenrath has been banging the rate-hike drum until the past few weeks so I'm not sure I'd want to make a trade based on his judgement of Yellen's character and how relaxed the guys from the NY Fed were.
