We're a little below consensus. Jennifer Vail More Quotes by Jennifer Vail More Quotes From Jennifer Vail At this point, investors see oil extending its rally as a sign of improvement in global growth. Jennifer Vail business They (the Fed) really want to raise the policy rate so that they have some flexibility should the domestic economy need it, but given this highly unusual slow-growth environment, it's been difficult for there to be clear signals that it can digest policy normalization. Jennifer Vail business We're still experiencing the hangover from the BOJ's negative interest rate policy, which is driving a lot of safe-haven flows. Jennifer Vail company-news The market is waiting to see if a further move into negative territory is going to be part of policymaker's toolbox. Jennifer Vail company-news