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Fed hike in June possible based on continued robust employment gains and decent GDP growth: Danske Bank

Quotes from Danske Bank:

- Overall this was quite a neutral statement by Janet Yellen in her semi-annual testimony to Congress. She does not give too much away in terms of what has to be in place for lift-off. 

- We expect 'patience' to be removed in March to give the Fed flexibility to hike in June. We also continue to look for a hike in June based on continued robust employment gains and decent GDP growth rates. 

- Risks are, however, still skewed towards a hike later (July or Sept).

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