Rate Hike 'Off the Table' If Weak Data Continues: Dryden
A gauge of the dollar rose, rebounding from its lowest level in a year, after two Federal Reserve officials said an interest-rate increase could be considered next month. The greenback has climbed against its 16 most-traded peers since Monday’s close as Atlanta Fed President Dennis Lockhart called a June rate rise “a real option,” while San Francisco’s John Williams said he would support such a move at the next meeting provided the U.S. economy stayed on track. JPMorgan Asset Management Strategist Alexander Dryden discusses with Bloomberg's Francine Lacqua on "The Pulse."
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