Fed: Busy calendar this week with slew of speakers and the Beige Book - TDS

Research Team at TDS, suggests that the Fed calendar will be busy this week with both a slew of speakers and the Beige Book.

Key Quotes

“Given his relatively centrist views, Atlanta Fed President Lockhart’s (non-voting, NV) remarks will be of particular interest as the market tries to gauge the pulse at the Fed ahead of the July FOMC meeting. TD expects Lockhart’s tone to be dovish, underscoring the Fed’s cautious approach as they continue to assess the impact from Brexit and await more clarity on the direction of the labor market recovery. This tone is likely to be echoed by District Presidents Bullard (voting, V), Kashkari (NV), Kaplan (NV), Mester (V) and Harker (NV), while George (V) will likely stick to her hawkish rhetoric.”