The United States is taking serious, unnecessary risks by not extending more federal aid to out-of-work households, Chicago Federal Reserve Bank President Charles Evans said on Thursday, as reported by Reuters. Additional takeaways “More fiscal relief needed amid large potential hole in aggregate demand as prior aid expires.” “People, businesses in minority neighbourhoods have borne unfair, outsized burden from the pandemic recession.” “Inclusive recovery difficult until we’ve made sufficient progress in controlling the virus.” “Seeing inequalities deepening the longer the pandemic, recession continue.” “Fed is committed to using full range of tools until confident economy on track to full employment, stable inflation.” Market reaction These comments don’t seem to be having a significant impact on the USD’s performance against its rivals. As of writing, the US Dollar Index was unchanged on the day at 94.35. 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 USD/JPY Price Analysis: The pair is moving into a very congested price area FX Street 1 year The United States is taking serious, unnecessary risks by not extending more federal aid to out-of-work households, Chicago Federal Reserve Bank President Charles Evans said on Thursday, as reported by Reuters. Additional takeaways "More fiscal relief needed amid large potential hole in aggregate demand as prior aid expires." "People, businesses in minority neighbourhoods have borne unfair, outsized burden from the pandemic recession." "Inclusive recovery difficult until we've made sufficient progress in controlling the virus." "Seeing inequalities deepening the longer the pandemic, recession continue." "Fed is committed to using full range of tools until confident economy on track to full employment,… 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.
