Commenting on the Federal Reserve’s monetary policy framework review, “The Fed does not have a vehicle for a large change to monetary framework,” said St. Louis Federal Reserve bank president James Bullard on Thursday. “Ideas like average inflation targeting may come to influence policy debate but not so much that we are going to write it in stone.” These comments had no noticeable impact on the USD and the US Dollar Index was last down 0.16% on the day at 98.16. “The Fed can reconsider whether to take back recent insurance cuts if and when businesses adjust to new trade landscape,” Bullard noted on the policy outlook and said that he was hoping that rate cuts would help them achieve a “bit better” growth. 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 EUR/JPY Technical Analysis: Euro under pressure against Yen, trading sub-119.45 level FX Street 3 years Commenting on the Federal Reserve's monetary policy framework review, "The Fed does not have a vehicle for a large change to monetary framework," said St. Louis Federal Reserve bank president James Bullard on Thursday. "Ideas like average inflation targeting may come to influence policy debate but not so much that we are going to write it in stone." These comments had no noticeable impact on the USD and the US Dollar Index was last down 0.16% on the day at 98.16. "The Fed can reconsider whether to take back recent insurance cuts if and when businesses adjust to new trade… 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.