Comments from Fed Governor Chris Waller are coming up at 10:50 am ET.
He’s a noted hawk and his most-recent comments were on July 29 when he said a soft landing is a plausible outcome for the US labor market.
His more-important sent of comments were on July 14 when he launched — I believe — the big rally in equities by taking 100 bps of the table.
His comments today could be a big market mover.
RIght now the market is pricing in a 40% chance of 75 bps in Sept and 60% chance of 50 bps. The terminal top is 3.62% in March 2023.
I don’t see a big scope for a Fed shift right now as they have lots of time to collect data aehad of the Sept 21 FOMC.
EURUSD=X 
EURCAD=X 
EURJPY=X 
GBPUSD=X 
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AUDUSD=X 
CADUSD=X 
