Once the coronavirus pandemic is over, United States should moderate debt growthDallas Federal Reserve Chairman Robert Kaplan argued Tuesday, Reuters reported. Additional comments: “The rebound next year will be supported, as the vaccine helps open the economy“. “It is likely that people maintain social distancing throughout 2021 “. “The American universities they may once again […]
Tag: Fed
Excessive Risk-Taking Behavior Ahead of a Second Wave of COVID-19 Likely to Delay America’s Recovery
“More fiscal and monetary adjustments are appropriate now that a second wave of COVID-19 infections is underway in the United States,” he said Tuesday. the chairman of the Boston Federal Reserve, Eric Rosengren, Reuters reported. Additional conclusions “Excessive risk-taking behavior before COVID-19 is likely to delay America’s recovery.” “Women and minority workers are disproportionately affected […]
Kaplan ruled out negative interest rates
The chairman of the Dallas Federal Reserve, Robert Kaplan, gave an interview to the Bloomberg chain in which he referred to several topics. He indicated that the coming quarters will be very difficult and that negative interest rates are being ruled out for now. Regarding the economic outlook, Kaplan stated that “You have to spend […]
Markets Take Profits Awaiting US Election and NFP Results
This is what you need to know to trade today Friday November 6th. Markets are taking gains and the dollar rebounds after the rally earlier this week. The US elections are not over yet, with markets glued to what happens in four states. The Fed hinted at more QE ahead of October’s Non-Farm Payrolls. Gold […]
USD / JPY falls to fresh multi-month lows at 103.50 as Fed’s Powell gives remarks
USD / JPY falls to hit seven-month lows at 103.50. Powell’s dovish comments add to the negative pressure on the US dollar. The dollar is crashing across the board with equity markets on the rise. The U.S. dollar it is slipping through fresh 6 1/2 month lows in the midrange of 103.50 after the chairman […]
You can change the duration and size of asset purchases if necessary
Following the decision of the Federal Open Market Committee (FOMC) of keeping the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, presents his comments on the policy outlook. Key statements “The fiscal response was very good, here it is absolutely essential.” […]
Tax policy can do what we cannot to replace lost revenue
Jerome Powell, Chairman of the United States Federal Reserve, is appearing after the entity’s announcement to keep its interest rates unchanged in the range of 0.0-0.25%. Featured statements: “The rate of improvement in May and June has moderated, although it is not unexpected.” “We have concerned about downside risks, including the spread of disease, and […]
GBP / USD rises towards highs as DXY falls sharply
The FOMC leaves rates and bond purchases unchanged, the dollar under pressure. GBP / USD has completed a 38.2% Fibonacci retracement of the early European session from 1.3001 to 1.3135. After the flexibility of the Bank of england, which will continue to weigh on the British pound, the Federal Reserve’s decision on interest rates did […]
We will put the emergency tools in your box when the time comes
Jerome Powell, Chairman of the United States Federal Reserve, is appearing after the entity’s announcement to keep its interest rates unchanged in the range of 0.0-0.25%. Featured statements: “The ability to achieve maximum employment depends on having long-term inflation anchored at 2%“. “We will keep the accommodative policy until employment and inflation targets are met“. […]
The outlook for the economy is extraordinarily uncertain
Jerome Powell, Chairman of the United States Federal Reserve, is appearing after the entity’s announcement to keep its interest rates unchanged in the range of 0.0-0.25%. Featured statements “The pace of improvement in the labor market has moderated“. “We will not lose sight of the millions of people out of work.” “The economic dislocation has […]
