Despite the weak GDP report, fed funds expectations for a March rate hike actually ticked higher to about 76 percent because of the rise in the core PCE price index.
More Quotes from Kathy Lien:
Dollar bulls have full control and are taking the data in stride.Kathy Lien
The focus will be back on trade.
Kathy Lien
You have jawboning from European officials and a lack of concern from U.S. officials. So the market is really confused with what it wants to do with the euro,
Kathy Lien
Going into the Jan. 31 FOMC (Federal Open Market Committee) meeting, a lot of people believe that with oil prices picking up, the Fed may be more neutral in their comments.
Kathy Lien
In our opinion, the market should be thankful that we avoided a possible surge in volatility which could have happened if President Bush picked a more unknown candidate.
Kathy Lien
Readers Who Like This Quotation Also Like:
Based on Keywords: pceThe BBC produces wonderful programmes; it also produces a load of old rubbish.
Jonathan Dimbleby
Interpreter of Maladies is the title of one of the stories in the book. And the phrase itself was something I thought of before I even wrote that story.
Jhumpa Lahiri
The real advantage for me is that I have the opportunity to lead worship every Sunday.
John Tesh