The United States has an extraordinary fiscal capacity to borrow and spend as needed to get through the coronavirus crisis, Minneapolis Fed President Neel Kashkari said on Tuesday. “Now is not the time to be cautious in spending.” Commenting on the policy outlook, Kashkari repeated that the Fed has other tools it can use before introducing negative interest rates. Market reaction The US Dollar Index edged slightly higher in the last minutes and was last seen losing 0.1% on the day at 99.50. 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 Powell speech: Anything that keeps people out of insolvency should be considered by Congress FX Street 2 years The United States has an extraordinary fiscal capacity to borrow and spend as needed to get through the coronavirus crisis, Minneapolis Fed President Neel Kashkari said on Tuesday. "Now is not the time to be cautious in spending." Commenting on the policy outlook, Kashkari repeated that the Fed has other tools it can use before introducing negative interest rates. Market reaction The US Dollar Index edged slightly higher in the last minutes and was last seen losing 0.1% on the day at 99.50. 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.
