Dallas Fed President Robert Kaplan told Bloomberg News on Friday that he did not see the current situation as a “rate-cutting cycle.” Kaplan further argued that businesses had a problem with the uncertainty surrounding the trade dispute and immigration rather than the Federal Reserve’s monetary policy. “I don’t think monetary policy is a major factor in any major US slowdown,” Kaplan stated. “Monetary policy is not causing a slowdown, I’d prefer not to make any adjustments.” These comments seem to be helping the Greenback stay resilient against its peers. At the moment, the US Dollar Index is up 0.13% on the day at 98.33. 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 US Dollar Index eases from tops, back to 98.30 on China headlines FX Street 4 years Dallas Fed President Robert Kaplan told Bloomberg News on Friday that he did not see the current situation as a "rate-cutting cycle." Kaplan further argued that businesses had a problem with the uncertainty surrounding the trade dispute and immigration rather than the Federal Reserve's monetary policy. "I don't think monetary policy is a major factor in any major US slowdown," Kaplan stated. "Monetary policy is not causing a slowdown, I'd prefer not to make any adjustments." These comments seem to be helping the Greenback stay resilient against its peers. At the moment, the US Dollar Index is up 0.13% on… 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.
