Jon Hilsenrath, known as the 'Fed whisperer' given his close ties to several influential FOMC members, has published an article in the WSJ earlier today in...

Jon Hilsenrath, known as the 'Fed whisperer' given his close ties to several influential FOMC members, has published an article in the WSJ earlier today in which he discusses the potential for the Fed to remove their 'considerable time' phrase from next week's monetary policy statement. He states 'senior officials have hinted lately that they're looking at dropping this closely watched interest-rate signal, which many market participants take as a sign rates won't go up for at least six months'. The article is worth the read given the potential implications for US treasury yields, the USD and US corporate earnings. (VIEW LINK)