Coronavirus vaccines mean that the health crisis is expected to wane in the months ahead, St. Louis Federal Reserve President James Bullard said on Thursday, as reported by Reuters. Additional takeaways “Seeing continued economic recovery in the US in the first half of 2021.” “US fiscal, monetary policies have been exceptionally effective, designed for a larger shock than the one that has occurred.” “US labour market recovery is four years ahead of the pace after the last recession.” “Inflation expectations are moving higher.” “Some downside risk to economic outlook remains.” Market reaction The US Dollar Index showed no immediate reaction to these remarks and was last seen gaining 0.37% on a daily basis at 89.87. 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 Canada: Slightly narrower trade deficit in November won’t give markets much to cheer – CIBC FX Street 11 months Coronavirus vaccines mean that the health crisis is expected to wane in the months ahead, St. Louis Federal Reserve President James Bullard said on Thursday, as reported by Reuters. Additional takeaways "Seeing continued economic recovery in the US in the first half of 2021." "US fiscal, monetary policies have been exceptionally effective, designed for a larger shock than the one that has occurred." "US labour market recovery is four years ahead of the pace after the last recession." "Inflation expectations are moving higher." "Some downside risk to economic outlook remains." Market reaction The US Dollar Index showed no immediate reaction to… 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.
