2011年5月15日星期日

Marc Jacobs Hobo Hillier early for the Federal Reserve

The meeting was also expected to pressure Greece to announce more austerity steps to secure further emergency funding.
"Concern over the European economy is weighing on the euro and supporting the dollar," said Jonathan Barratt, managing director at Commodity Broking Services in Sydney. "A stronger dollar in turn is Marc Jacobs Hobo Hillier weighing on commodity prices."
The U.S. economy remains on a solid footing but it is still to early for the Federal Reserve to offer a detailed view of its exit strategy, Atlanta Fed President Dennis Lockhart said on Sunday. Lockhart said the lack of a step-by-step guide for a reversal of unprecedented stimulus measures should not be mistaken for complacency about the need to be ready.
"We market participants are always waiting for any announcement on interest rates in the U.S. and Europe to give us an idea on the future direction of markets," Hasegawa said. "Overall, interest rates are likely to go up faster in Europe than in the U.S."
President Barack Obama on Sunday warned Congress that failing to raise the U.S. debt limit could lead to a worse financial crisis and economic recession than 2008-09 if investors began doubting U.S. credit-worthiness.

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