“Fairly Soon” Means “Fairly Soon”: March Odds Spike On Spate Of Super Aggressive Fedspeak

As you might have noticed, the reflation narrative got a boost after hours when comments from a CNN International interview with NY Fed chief Bill Dudley hit the wires. “'Fairly soon' means relatively near future," Dudley said, in a reference to the phrase from the FOMC minutes that had every journalist and commentator on the planet spinning hawkish headlines last Wednesday. Here are some further highlights from Dudley's interview: Most of the data are consistent with above-trend econom

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