In an interview with Bloomberg TV on Friday, St. Louis Fed President James Bullard argued that the Federal Reserve has to react to the “downdraft in global yields.” “There will be a robust debate about a 50 basis point cut at next Fed policy meeting,” Bullard stated. “The Fed is willing to take all the action that it needs to in order to continue the economic expansion.” The Greenback seems to be pushing lower on these remarks and China’s announcement of retaliatory tariffs on US imports. At the moment, the US Dollar Index is down 0.12% on the day at 98.32. 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 Indonesia: Adding a September BI cut – Standard Chartered FX Street 4 years In an interview with Bloomberg TV on Friday, St. Louis Fed President James Bullard argued that the Federal Reserve has to react to the "downdraft in global yields." "There will be a robust debate about a 50 basis point cut at next Fed policy meeting," Bullard stated. "The Fed is willing to take all the action that it needs to in order to continue the economic expansion." The Greenback seems to be pushing lower on these remarks and China's announcement of retaliatory tariffs on US imports. At the moment, the US Dollar Index is down 0.12% on the day… 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.
