In her prepared remarks delivered to an energy conference the regional bank was co-hosting with the Federal Reserve Bank of Dallas in Washington, Kansas City Fed Bank President Esther George said her outlook for the US economy does not call for a monetary policy response and argued that cutting rates as “insurance” risks overheating sectors that are performing well and encourages risk-taking and leverage. The US Dollar Index failed to capitalize on these remarks and was last down 0.1% on the day at 97.47. Below are some additional takeaways, per Reuters. “Corporate debt continues to rise to high levels and lower capital levels at the largest banks could be costly to employment and growth.” “Will remain attentive to incoming data for signs downside risks to the US economic outlook meaningfully materialize.” “US economy is generally performing well.” “Moderation of economic growth this year in line with her outlook.” 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 Financial Action Task Force warns against Stablecoins and Libra FX Street 3 years In her prepared remarks delivered to an energy conference the regional bank was co-hosting with the Federal Reserve Bank of Dallas in Washington, Kansas City Fed Bank President Esther George said her outlook for the US economy does not call for a monetary policy response and argued that cutting rates as "insurance" risks overheating sectors that are performing well and encourages risk-taking and leverage. The US Dollar Index failed to capitalize on these remarks and was last down 0.1% on the day at 97.47. Below are some additional takeaways, per Reuters. "Corporate debt continues to rise to high levels and… 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.
