Fed's Paese: Too soon to rule out further US rate hikes

  • Kathleen O'Neill Paese is the interim St Louis Fed President
Kathleen O'Neill Paese
Kathleen O'Neill Paese
  • Central bank still has time to decide next step
  • Watching 10-year yield for signals on financial conditions
  • Too soon to declare victory on inflation
  • Local contacts report better balance in jobs market

Kathleen O'Neill Paese is Bullard's interim replacement and not a voter this year. He's not shy to weigh in despite the interim title.

I'm increasingly worried that Powell will push bank on dovish market pricing later today.

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