In an interview with CNBC, Cleveland Fed President Loretta Mester said that she had not yet made up her mind about how she is going to vote on rates at the next FOMC meeting. Commenting on China’s retaliatory tariffs, Mester said that this was a continuation of the trade uncertainty that has been underway for some time. Below are some additional quotes, as reported by Reuters. “US consumers continue to be strong.” “US economy is quite resilient.” “I am very attuned to the downside risks to the economy.” “Our interest rates should be higher than Europe and China.” “Wages have been moving up.” “Business contacts always talk about trade uncertainty but still seeing good activity, although slower than last year as expected.” “Not worried about being too late by waiting for evidence of a slowdown in the data.” As markets continue to assess the latest Fed commentary and the fresh developments surrounding the US-China trade conflict, the US Dollar Index clings to small daily gains near 98.30. 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 USD/CAD eases from tops, still comfortable above 1.3300 handle post-Canadian data FX Street 4 years In an interview with CNBC, Cleveland Fed President Loretta Mester said that she had not yet made up her mind about how she is going to vote on rates at the next FOMC meeting. Commenting on China's retaliatory tariffs, Mester said that this was a continuation of the trade uncertainty that has been underway for some time. Below are some additional quotes, as reported by Reuters. "US consumers continue to be strong." "US economy is quite resilient." "I am very attuned to the downside risks to the economy." "Our interest rates should be higher than Europe and China." "Wages… 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.
