Consumer activity cannot be legislated or stimulated, the US needs to invest in testing to help consumers feel safe, Dallas Fed President Robert Kaplan told CNBC on Wednesday. Kaplan further noted that he thinks that the Fed will need to do more to support the economy and more fiscal action will be needed as well. “The unemployment is expected to peak around 20%,” Kaplan added. Market reaction The US Dollar Index edged lower in the last minutes and was last seen losing 0.37% on the day at 99.20. 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 Gold flat-lined below $1750 level, FOMC minutes eyed for fresh impetus FX Street 2 years Consumer activity cannot be legislated or stimulated, the US needs to invest in testing to help consumers feel safe, Dallas Fed President Robert Kaplan told CNBC on Wednesday. Kaplan further noted that he thinks that the Fed will need to do more to support the economy and more fiscal action will be needed as well. "The unemployment is expected to peak around 20%," Kaplan added. Market reaction The US Dollar Index edged lower in the last minutes and was last seen losing 0.37% on the day at 99.20. 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.
