Fiscal support is needed to prevent a “structural scarring” of the US economy, Chicago Federal Reserve Bank President Charles Evans said on Tuesday, as reported by Reuters. “We are not going to be concerned if unemployment rates go very low, as long as that’s consistent with 2% inflation,” Evans added and said that asset prices are expected to move up when real interest rates remain low. Market reaction The greenback continues to gather strength against its rivals in the American session. As of writing, the US Dollar Index is at its highest level since early August at 93.97, gaining 0.44% on a daily basis. 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 RBNZ Preview: Dovish stance to down the kiwi FX Street 1 year Fiscal support is needed to prevent a "structural scarring" of the US economy, Chicago Federal Reserve Bank President Charles Evans said on Tuesday, as reported by Reuters. "We are not going to be concerned if unemployment rates go very low, as long as that's consistent with 2% inflation," Evans added and said that asset prices are expected to move up when real interest rates remain low. Market reaction The greenback continues to gather strength against its rivals in the American session. As of writing, the US Dollar Index is at its highest level since early August at 93.97, gaining 0.44% on… 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.
