More comments are crossing the wires from the Minneapolis Federal Reserve (Fed) President Kashkari, as he now speaks to the CNBC TV. We should put yield curve control into our toolbox. Balance sheet growth should not be confused with QE, which was designed to move down long-term rates. We have to figure out what is the right growth rate of our balance sheet that isn’t about stimulating the economy. Would probably be in favor if Fed decided on October rate cut. Over the long term, we still have evidence that the economy will grow at around 2% and we’re drifting back to that level. The US dollar index struggles to extend its recovery from three-week lows of 98.24, probably due to the latest dovish comments from Kashkari. Meanwhile, the overall risk-on market profile amid trade and Brexit deal hopes continue to boost the risk assets at the expense of the safe-havens such as the US dollar. 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 Forex News Today: Daily Trading News share Read Next EUR/JPY gathers traction to the 120.00 area, multi-week highs FX Street 4 years More comments are crossing the wires from the Minneapolis Federal Reserve (Fed) President Kashkari, as he now speaks to the CNBC TV. We should put yield curve control into our toolbox. Balance sheet growth should not be confused with QE, which was designed to move down long-term rates. We have to figure out what is the right growth rate of our balance sheet that isn't about stimulating the economy. Would probably be in favor if Fed decided on October rate cut. Over the long term, we still have evidence that the economy will grow at around 2% and we're… 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.
