“100% salary replacement for unemployment insurance is not appropriate as economy reopens,” St. Louis Federal Reserve President James Bullard said on Wednesday. Bullard further suggested incentives for workers to go back to work. Additional takeaways “Balance sheet is not a good metric for judging inflation risk, Fed programs will be wound down after the crisis.” “Macroeconomics around government debt has not worked, needs to be rethought.” “Waiting for vaccine instead of risk mitigation in a reopened economy would increase the risk of depression, financial crisis.” Market reaction These comments had little to no impact on the USD’s performance. As of writing, the US Dollar Index was up 0.12% on the day at 99.12. 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 AUD/USD risks to visit 0.6000 later this year – Rabobank FX Street 3 years "100% salary replacement for unemployment insurance is not appropriate as economy reopens," St. Louis Federal Reserve President James Bullard said on Wednesday. Bullard further suggested incentives for workers to go back to work. Additional takeaways "Balance sheet is not a good metric for judging inflation risk, Fed programs will be wound down after the crisis." "Macroeconomics around government debt has not worked, needs to be rethought." "Waiting for vaccine instead of risk mitigation in a reopened economy would increase the risk of depression, financial crisis." Market reaction These comments had little to no impact on the USD's performance. As of writing, the US… 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.
