“Markets see rates low for a very long time, there is no need to offer further guidance yet,” St. Louis Federal Reserve President James Bullard told Reuters in an interview on Wednesday. Additional takeaways “Wall Street has called virus risks about right as businesses, households adapt.” “Full-year hit to US Growth is perhaps 4%, follow-on fiscal package from Congress is expected.” “Another lockdown is inappropriate, the US should focus on granular”approach based on risks of different activities.” “Growing realization is that 2% inflation target has not been adequate to keep expectations at that level, framework review drawing to a close focused on ways to lift them.” Market reaction The US Dollar Index showed no immediate reaction to these comments and was last seen gaining 0.44% on the day at 92.72. 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 Bitcoin Technical Analysis: BTC/USD selling pressure continues mounting hinting at a possible trend reversal FX Street 2 years "Markets see rates low for a very long time, there is no need to offer further guidance yet," St. Louis Federal Reserve President James Bullard told Reuters in an interview on Wednesday. Additional takeaways "Wall Street has called virus risks about right as businesses, households adapt." "Full-year hit to US Growth is perhaps 4%, follow-on fiscal package from Congress is expected." "Another lockdown is inappropriate, the US should focus on granular"approach based on risks of different activities." "Growing realization is that 2% inflation target has not been adequate to keep expectations at that level, framework review drawing to a close focused on ways to… 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.
