Last quote by Scott Anderson
Scott Anderson quotes
It would be a dovish surprise if they had just two hikes for next year.
How much firepower do these central banks still have? Would they want to hold their fire right now, given there's no huge risk in the near term? Do they continue to ease aggressively? I think the bond market's been uncertain about that.
I think there's going to be more interest in the Bank of Japan in the Treasury market than about what the Fed does right now.
It would be a signal to the U.S. Treasury market that central banks' views globally are evolving. Any sign of reversal or slowing down of QE could have almost immediate impact.
Whether they're getting more pessimistic or more optimistic about their inflation forecast would be of interest to the marketplace.
These job numbers are good enough to keep the Fed on track for a December rate increase despite sluggish GDP growth in the first half of this year.
Despite panic on Wall Street about impending recession, Main Street goes about its business as usual. This report will get the Fed's attention, and raises the odds of another rate hike before too long.