The Federal Reserve has to make sure that it is not overreacting to individual data points over the coming months, New York Federal Reserve President John Williams told reporters at a capital markets conference in Washington on Tuesday. “The fact reserve levels are higher than the Fed was expecting does not change the calculus on monetary policy,” Williams added. “If inflation were to move in the wrong direction on a sustained basis, that could cause the Fed to become more accommodative. The most important tools for financial stability are existing ones.” The US Dollar Index ignored these comments and was last moving sideways near 97.80, where it was virtually unchanged on a daily basis. 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 EUR/USD Technical Analysis: Euro clings to daily highs above the 1.1075 level FX Street 3 years The Federal Reserve has to make sure that it is not overreacting to individual data points over the coming months, New York Federal Reserve President John Williams told reporters at a capital markets conference in Washington on Tuesday. "The fact reserve levels are higher than the Fed was expecting does not change the calculus on monetary policy," Williams added. "If inflation were to move in the wrong direction on a sustained basis, that could cause the Fed to become more accommodative. The most important tools for financial stability are existing ones." The US Dollar Index ignored these comments and was… 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.
