Chairman Powell and Treasury Secretary Steven Mnuchin to appear before the Senate Banking Committee. Both officials expected to offer complementary views of rescue programs, FXStreet’s analyst Joseph Trevisani informs. Key quotes “Even though the White House and the Fed have taken slightly different paths in the last few weeks with Mr. Powell advocating more fiscal spending and Secretary Mnuchin suggesting an assessment period for the current stimulus before providing more, the two are likely to stress the complementary nature of the government measures.” “The Fed chairman has repeatedly said that the central bank is not considering negative rates as it “doesn’t see much benefit to them.” “The White House has said that it wants any future relief bill to include a payroll tax cut while the House Democrats have proposed an additional $3 trillion in various programs but oppose general tax relief.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold climbs back above $1735 level, closer to session tops FX Street 2 years Chairman Powell and Treasury Secretary Steven Mnuchin to appear before the Senate Banking Committee. Both officials expected to offer complementary views of rescue programs, FXStreet’s analyst Joseph Trevisani informs. Key quotes “Even though the White House and the Fed have taken slightly different paths in the last few weeks with Mr. Powell advocating more fiscal spending and Secretary Mnuchin suggesting an assessment period for the current stimulus before providing more, the two are likely to stress the complementary nature of the government measures.” “The Fed chairman has repeatedly said that the central bank is not considering negative rates as it… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
