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Fed's Rosengren: Fed should consider trimming balance sheet

Fed Boston's President Eric Rosengren was on the wires last minutes, via Reuters, saying the central bank should consider trimming balance sheet.

  • Key headlines (via Reuters):
  • Tightening by driving up long rates has benefits
  • Difficult to guess number of fed rate hikes this year without knowing fiscal policies

Dollar Index condescending behavior at 102.00, secular uptrend towards 120.00 - BBH

After last week’s mixed US data, the Dollar Index struggles to find traction towards its next logical resistance which is around the 103.00 handle. Ho
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Wall Street mixed: NASDAQ record closing high, dow drops again

Wall Street was a mixed close with the NASDAQ out performing and closing at an all time high on a closing basis while the Dow was falling further away
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