Miller, Nike, Frankfurt discussed on Good Day USA


Miller on the right for his aim ben covering the sp and of course he'll be speaking tito masud mappi snb a little bit later on this morning and we look forward to hearing the fruits of that conversation nike keeping his eye on that the japanese the lab which is why we took them back to expand guy yep easily based in berlin plenty of time in frankfurt's and a little time in this parliament allow point country could as switzerland coach he's mad when you have the opportunity let's talk about the other big story the which discussing judge yellen is pressing ahead with plans to normalize monetary policy this is the best said the ongoing strength of the labor market will ultimately prevail over recent weakness in inflation eat the folks who work at some point speaking of the raising interest rates for a second time this year the central bank cia played down a recent softening of price pressures of what's confidence that the it is on track to its two percent inflation go our decision to make gradual reduction in the amount of policy confrontation reflects the progress he economies made and is expected to make maximum employment and price stability objectives is to us by law what to an extent studio jeffrey cleveland chief economist at payton investment council good morning you think the fed is hawkish i thought the the market chatter the the whisper across the market from investors going into the meeting day was that we were going to get a twenty five basis point rate hike but it would be dovish was acknowledged the week the the the you mentioned in inflation and the market pricing in over the next eighteen months just to rate hikes i think before yesterday's rate hike and the fed had been sending a very different message so after the meeting all set has done uh the the fed maintained its intent to hike another time this year and three times next year so just on that alone i think that's a more hawkish hawkish message than investors were and we were in line with that we could see the tele rebound just a little bit eight at full in already calls on the back of the inflation of it but it did bounce little bit on the on the statement i mean it she is janet yellen.

Coming up next