In an appearance on CNBC’s Squawk Box on Friday, St. Louis Fed President James Bullard said lower interest rates would help them hit the inflation target. “The labour market is continuing to do well in the United States,” Bullard added but noted that the contraction in global manufacturing was a cause of concern. “Fed should cut rates because inverted yield curve is not a good place to be.” The US Dollar Index edged lower on Bullard’s comments and was last seen at 98.40, still adding 0.2% on the day. Below are some additional key quotes, as reported by Reuters. 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 Fed’s Bullard: Trade war has impacted outside US more than inside US FX Street 4 years In an appearance on CNBC's Squawk Box on Friday, St. Louis Fed President James Bullard said lower interest rates would help them hit the inflation target. "The labour market is continuing to do well in the United States," Bullard added but noted that the contraction in global manufacturing was a cause of concern. "Fed should cut rates because inverted yield curve is not a good place to be." The US Dollar Index edged lower on Bullard's comments and was last seen at 98.40, still adding 0.2% on the day. Below are some additional key quotes, as reported by Reuters. 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.
