Fed's Hammack Says Neutral Rate Is Likely Higher
Hammack said the neutral rate is likely higher but hard to pin down, noted early warning signs for inflation expectations and said the economy needs cooling at the margins.
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Fed's Hammack: Need to "cool the economy at the margins"
Fed's Hammack: Need to "cool the economy at the margins"
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but