Over a three year horizon, the US can be back on a robust path with unemployment approaching the very low levels seen last year, Atlanta Fed President Raphael Bostic said on Friday. However, Bostic further noted that he is definitely seeing signs of slowing in the recovery. Additional takeaways “Comfortable above 2% inflation but will look more at trajectory than level.” “Fed was closer than many appreciate to reaching its 2% inflation goal before the pandemic.” “Impacts of the pandemic are making it difficult to see what is going on with inflation.” Market reaction The US Dollar Index largely ignored these remarks and was last seen flat on the day at 92.91. 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 Price Analysis: XAU/USD near strong support, eyeing $1,969 on the upside – Confluence Detector FX Street 1 year Over a three year horizon, the US can be back on a robust path with unemployment approaching the very low levels seen last year, Atlanta Fed President Raphael Bostic said on Friday. However, Bostic further noted that he is definitely seeing signs of slowing in the recovery. Additional takeaways "Comfortable above 2% inflation but will look more at trajectory than level." "Fed was closer than many appreciate to reaching its 2% inflation goal before the pandemic." "Impacts of the pandemic are making it difficult to see what is going on with inflation." Market reaction The US Dollar Index largely ignored… 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.
