Greg Gibbs, analyst at Amplifying Global FX Capital, points out that the recent comments by prominent Fed members, suggests that the Fed is considering moving to a framework where it targets inflation averaging around its 2% inflation target; requiring periods of above-target inflation to compensate for periods of below-target inflation. Key Quotes “This would suggest a shift towards a more dovish Fed than has been experienced over recent years.” “The Fed is embarking on a comprehensive review of its policy framework this year, and these comments suggest that the Fed is relatively close to implementing a policy of targeting a period of above 2% inflation to compensate for the recent history of sustained below 2% inflation.” “The comments increase the probability that rates in the US have peaked and, in general, lower rate expectations moving forward.” 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 Markets: Focus on Powell’s testimony and geopolitics today – Rabobank FX Street 4 years Greg Gibbs, analyst at Amplifying Global FX Capital, points out that the recent comments by prominent Fed members, suggests that the Fed is considering moving to a framework where it targets inflation averaging around its 2% inflation target; requiring periods of above-target inflation to compensate for periods of below-target inflation. Key Quotes "This would suggest a shift towards a more dovish Fed than has been experienced over recent years." "The Fed is embarking on a comprehensive review of its policy framework this year, and these comments suggest that the Fed is relatively close to implementing a policy of targeting… 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.
