Morning Users;
markets are now excluding a Fed rate hike for March as inflation is clearly not picking up despite low unemployment rates. 2015 CPI is stalling at 0.7% y/y, far away from the Fed's target of 2%. A rate hike in April seems also very unlikely with a likelihood of 2%. The dollar has sharply weakened as a result of those expectations. Fed's Chairwoman Janet Yellen has spoken last week in front of the congress to deliver the Fed's semi-annual Monetary Policy Report.
Janet Yellen had be…
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