- FOMC set policy correctly last November, since then inflation has risen and unemployment fallen, no need for more easing
I don’t know who these Fed people are. But I’ll go out on a limb and label this one “a hawk”
EUR/USD not doing too much of anything at the moment, presently at 1.4272.
If we happen to go back up to 1.4290/00 maybe time to be a little more cautious. It’ll be the third time in the last two sessions we’ve been up there. And you know what they say about third time working the charm.
Personally I’m really hoping we don’t go there. Had enough excitment for one week.
