A smattering of Fedspeak in the NY/Asia.........>

FED: A smattering of Fedspeak in the NY/Asia crossover, coming down on the

dovish side after a lack of dovish commentary from non-voters Barkin (hawk) &

Bostic (usually a dove) during NY hours on Thursday.

- Governor Brainard noted that the combination of downside risks and soft

inflation create a case for looser MonPol, while stressing the Fed's data

dependence. Brainard was also quick to point to solid economic growth in the

U.S., but flagged risks surrounding business sentiment & investment. She also

highlighted growing financial imbalances. Historically Brainard is a dove.

- Elsewhere, uber dovish non-voter Kashkari reiterated his call for a 50bp cut,

once again highlighting that he called for such a move in June. Kashkari pointed

to a need to re-anchor inflation exp. and stressed that he would not commit to

further hikes until inflation has strengthened.