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Further rise in USD is a risk to my outlook says Lockhart

He's still going

  • 25bps hike won't have a big effect on consumption
  • USD has risen pretty substantially since mid-2014 ( NSS )
  • Greater strength in dollar may not be priced in yet
  • Divergence of Fed from other major central banks could push dollar higher still

He's picked up on the 25 handle jump since mid-2014 but ignores the 30 odd handles since the 2011 lows to May 2014

Tarullo was up with comments too but as expected he's bleating on about regulation

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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