Richmond Fed President Thomas Barkin on Tuesday argued that he does not expect the Federal Reserve’s rate cuts to make a big difference in investment. “Weak investment is more a product of overall climate for business, uncertainty over trade, regulation and geopolitics,” Barkin explained, as reported by Reuters. Meanwhile, the US Dollar Index is posting modest gains on a daily basis near 98.30. Earlier in the session, Barkin said that the Fed’s policy was currently “mildly accommodative” following the rate cuts. 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 US Pres. Trump: Europe has set up ‘terrible’ barriers for US on trade FX Street 3 years Richmond Fed President Thomas Barkin on Tuesday argued that he does not expect the Federal Reserve's rate cuts to make a big difference in investment. "Weak investment is more a product of overall climate for business, uncertainty over trade, regulation and geopolitics," Barkin explained, as reported by Reuters. Meanwhile, the US Dollar Index is posting modest gains on a daily basis near 98.30. Earlier in the session, Barkin said that the Fed's policy was currently "mildly accommodative" following the rate cuts. 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.
