The Financial Times (FT) carried an editorial piece on Monday, shedding some light on the US Federal Reserve’s (Fed) mysterious U-turn seen last month. Key Quotes: “Two weeks ago made a mysterious U-turn. Signaled that its hiking cycle was over for now. Not only ‘mysterious’, but a ‘perplexing’ decision. The various measures of US economic performance are almost universally strong. The US economy is in rude health – recession fears were, and are, overdone. The move was in response to lingering slack in the labor market, a capitulation to markets and the risks are significant. The US corporate debt has reached record highs. There remains an inescapable fear that perhaps the Fed’s short-term support for an economy that was already in good health opens the door to a surge in volatility later in the year.” 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 USD/CNH Technical Analysis: levels above 6.80 could soon come into play FX Street 3 years The Financial Times (FT) carried an editorial piece on Monday, shedding some light on the US Federal Reserve's (Fed) mysterious U-turn seen last month. Key Quotes: "Two weeks ago made a mysterious U-turn. Signaled that its hiking cycle was over for now. Not only 'mysterious', but a 'perplexing' decision. The various measures of US economic performance are almost universally strong. The US economy is in rude health - recession fears were, and are, overdone. The move was in response to lingering slack in the labor market, a capitulation to markets and the risks are significant. The US corporate debt has… Regulated 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.
