Fed’s Williams – economy could handle two more rate hikes if conditions are met

Fed’s Williams was back on the wires making a case in favor of policy tightening. Policymakers said Fed may hike rates two times this year if conditions are met.

“The economy performs as well this year, as it did in 2015, and inflation heads towards 2%, the economy could easily handle 2 more hikes this year”, Williams said.

Eurozone: What’s next interest rate strategy?

Research Team at BNP Paribas, suggests that ultra-low yields mean investors must look harder than ever for carry, but there are many near-term risks for bonds (in both directions).
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JPY: Shockingly weak retail sales data - Rabobank

Jane Foley, Senior FX Strategist at Rabobank, suggests that the overnight release of Japanese February retail sales data showed a shockingly weak -2.3% m/m fall; this the biggest drop since April 2014 when consumption fell as a consequence of the first rise in the sales tax since 1997.
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