The US Federal Reserve’s monetary policy is “in great shape” at the moment but adjustments could be made if needed, St. Louis Federal Reserve President James Bullard said on Thursday, as reported by Reuters. Additional takeaways “Fed in various credit markets as backstop buyers to allow markets to work, not to influence market pricing.” “Outsized federal deficits, growing economy, and quiescent Fed raise the likelihood of higher inflation.” “The US is over the hump on the need for fiscal policy, though some pockets of the economy may need more help.” Market reaction The US Dollar Index showed no immediate reaction to these comments and was last seen gaining 0.02% on the day at 94.37. 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 Barkin: Fed has freedom to act if financial stability risks arise FX Street 1 year The US Federal Reserve's monetary policy is "in great shape" at the moment but adjustments could be made if needed, St. Louis Federal Reserve President James Bullard said on Thursday, as reported by Reuters. Additional takeaways "Fed in various credit markets as backstop buyers to allow markets to work, not to influence market pricing." "Outsized federal deficits, growing economy, and quiescent Fed raise the likelihood of higher inflation." "The US is over the hump on the need for fiscal policy, though some pockets of the economy may need more help." Market reaction The US Dollar Index showed no immediate reaction to these comments and was… 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.
