I had the privilege of being interviewed by Anthony Crudele, who is a trader at the CME for the Futures Radio Show.
There was much to discuss. The FOMC met yesterday. The market, judging from the Fed funds futures see little chance of a June hike. Economists think otherwise.
The Bank of Japan surprised many by not changing policy earlier today. The yen rallied. It seems counter-intuitive. The yen rallied when the BOJ surprised at the end of January when it the rate on some deposits below zero. It appreciated today when the BOJ stood pat. I suggest some of the reasons why it matters to US investors what happens in Japan.
The podcast runs almost half an hour. Hopefully, you'll find it interesting and engaging. I thought it was fun. Here are several places you can access the interview. Special thanks to Andrew. I hope we can do it again.
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Podcast Discussing Dollar, Fed, BOJ on Futures Radio Show
Reviewed by Marc Chandler
on
April 28, 2016
Rating: