In an op-ed article published in the Financial Times, Minneapolis Fed President Neel Kashkari said that he will argue the Federal Reserve should cut its policy rate. “We should also use forward guidance to provide even more of a boost to the economy than a rate cut alone can deliver,” Kashkari added and acknowledged the slowdown in the global economy. “US business investment has stalled and the yield curve has inverted.” Kashkari’s dovish stance is no surprise to the markets and the US Dollar Index was last up 0.07% on the day at 98.22. 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 Germany’s Scholz: We are currently practising expansive budget policy FX Street 4 years In an op-ed article published in the Financial Times, Minneapolis Fed President Neel Kashkari said that he will argue the Federal Reserve should cut its policy rate. "We should also use forward guidance to provide even more of a boost to the economy than a rate cut alone can deliver," Kashkari added and acknowledged the slowdown in the global economy. "US business investment has stalled and the yield curve has inverted." Kashkari's dovish stance is no surprise to the markets and the US Dollar Index was last up 0.07% on the day at 98.22. 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.
