After a week spent worshiping at the altar of the Federal Reserve, financial markets will be spared the specter of a Fed meeting in the week ahead. However, that does not mean a 2015 rate hike is off the table.
San Francisco Fed President John Williams told reporters last week that a rate hike this year could be appropriate.
Richmond Federal Reserve President Jeffrey Lacker on Saturday said he dissented at a Fed policy meeting because he thought the economy was now strong enough to warrant higher interest rates, Reuters reported.
Federal Reserve Bank of St. Louis President James Bullard said he argued against the continuation of the Fed's zero interest rate policy.
The ETF Situation
The PowerShares DB US Dollar Index Bullish (NYSE: UUP) and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSE: USDU) are the two primary exchange traded funds tracking greenback fluctuations, so suffice to say these ETFs would like 2015 ...
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