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Boston Federal Reserve governor Lael Brainard spoke yesterday and according to Christoffer Moltke-Leth, director of global sales trading at Saxo Capital Markets Singapore, she employed her typical dovish tone.
Moltke-Leth thinks that Brainard has pulled back expectations of a September rate rise and he believes that the chance of a 2016 hike is now 50-50.
01:23 minutes
Tags: brainard, christoffer moltke-leth, fed, federal reserve rate hikes, rate hike, rate hike expectations, rates, rates decision, rates decisions, saxobank.com, saxotradergo, tradingfloor.com