Fed's FOMC indicates rate hike

FOMC Vice Chair Stanley Fisher states economic line of thought an economic recovery will automatically be followed by a rise in inflation. Based on the Fisher's statement the implication of rate hike in US is clear, says Commerzbank. So in the end the FOMC's problems (the insufficient development of prices) would all evaporate. One can question this inflation model, but what matters are not the actual inflation mechanisms, but what the majority of FOMC members think. 

Economic indicators (today's ISM index) are more important for the USD exchange rates than labour market data (today's ADP report), says Commerzbank.