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Fed speakers this week likely to be less than hawkish

Posted by WorldWideMarkets . on May 28, 2013 2:11:00 AM
Fed speakOnly two Fed speakers this week. Boston Fed’s Rosengren on Wednesday, a voter, and Cleveland Fed’s Pinalto on Friday, a non-voter. Both are unlikely to raise expectations for an end QE though that could be the surprise. More likely they will do absolutely nothing to change the expectation that the Fed is going to at least slow asset purchases and it is only a question of timing. Consumer confidence Tuesday and Chicago PMI Friday are more likely to have an impact.
 

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