Flash: Fed hawk calls for $10bln taper per FOMC meet - Danske Bank

FXStreet (Barcelona) - Pernille Bomholdt Nielsen, Analyst at Danske Bank notes that yesterday Fed’s Fisher said he had ‘high confidence’ in the success of stimulus exit and backs 10bn taper per meeting.

Key Quotes

“He is considered hawkish and his comments did not get much attention. It will be more interesting on Thursday when Yellen speaks to the Senate in her semi-annual testimony.”

“Her comments will be scrutinised for insight into her view on the latest weak economic data and whether the Fed will make any changes to its schedule for tapering.”