Robert Kaplan, president of the Federal Reserve Bank of Dallas, on Friday argued that the Federal Reserve was not in a “full-fledged” rate-cutting cycle and added that policy adjustments were appropriate in a more “limited, restrained way.” “A risk management standpoint would be a mistake to disregard the yield curve in assessing the economy, monetary policy,” Kaplan further elaborated and said the yield curve was a “reality check” on the outlook for growth. The US Dollar Index recovered modestly in the last hour and was last down 0.06% on the day at 97.50. 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 EUR/GBP technical analysis: Euro sidelined above 0.8625 level against Sterling FX Street 3 years Robert Kaplan, president of the Federal Reserve Bank of Dallas, on Friday argued that the Federal Reserve was not in a "full-fledged" rate-cutting cycle and added that policy adjustments were appropriate in a more "limited, restrained way." "A risk management standpoint would be a mistake to disregard the yield curve in assessing the economy, monetary policy," Kaplan further elaborated and said the yield curve was a "reality check" on the outlook for growth. The US Dollar Index recovered modestly in the last hour and was last down 0.06% on the day at 97.50. 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.
