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What does the Federal Reserve think about a potential interest rate hike?

By Ricky Bean October 19th, 2015

It was a mixed end to the week for sterling on Friday, with consumer sentiment growing to a two-month high, however JOLT job openings in the US declined, which could have an effect on the employment sector further down the line.

Today we have minimal data releases but US Federal Reserve member Lael Brainard is speaking. On Tuesday we see two more Federal Reserve members speaking; it will be interesting to gauge their views on a possible interest rate rise this year following the poor outcome from retail sales and producer inflation figures. Federal Reserve Chair Janet Yellen also speaks following building permits data, which is expected to remain stable. Towards the end of the week we have the weekly unemployment change data out on Thursday, which is expected to show minimal movement.