Speaking at the start of a conference on Asian economic policy at the San Francisco Fed, John Williams, president of the Federal Reserve Bank of New York, reiterated that the Federal Reserve’s interest rate cuts were insurance against the ongoing and potential risks and explained that ongoing uncertainty on trade and geopolitics was making businesses cautious and conservative. “The Fed will adjust policy if there is a material change to the outlook,” Williams added. “Too-low inflation is a greater concern than too-high inflation.” The greenback failed to capitalize on these comments and the US Dollar Index was last down 0.12% on the day at 98.20. 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 GBP/USD technical analysis: Flag consolidation pattern still holding FX Street 3 years Speaking at the start of a conference on Asian economic policy at the San Francisco Fed, John Williams, president of the Federal Reserve Bank of New York, reiterated that the Federal Reserve's interest rate cuts were insurance against the ongoing and potential risks and explained that ongoing uncertainty on trade and geopolitics was making businesses cautious and conservative. "The Fed will adjust policy if there is a material change to the outlook," Williams added. "Too-low inflation is a greater concern than too-high inflation." The greenback failed to capitalize on these comments and the US Dollar Index was last down 0.12%… 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.
