After delivering a speech at a conference about inflation products sponsored by Euromoney, NY Fed President Williams talked to reporters and noted that there were more macroeconomic data and geopolitical uncertainties to consider before deciding on the Federal Reserve’s next policy move. Meanwhile, the US Dollar Index continues to push lower and was last down 0.46% on the day at 98.50. Below are some additional comments from Williams, per Reuters. “The Fed will not be swayed by political factors.” “Expect consumer spending to moderate to a more sustainable level.” “Yield curve inversion is a market indicator of risk but based policy on data on the real economy.” “A strong labor market would help lift inflation to Fed’s 2% goal.” “Expect US economy to still grow above trend at 2.0%-2.5% in 2019 despite low business investment, trade uncertainties.” 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 US Trade Deficit: July data do not reflect recent escalation – Wells Fargo FX Street 4 years After delivering a speech at a conference about inflation products sponsored by Euromoney, NY Fed President Williams talked to reporters and noted that there were more macroeconomic data and geopolitical uncertainties to consider before deciding on the Federal Reserve's next policy move. Meanwhile, the US Dollar Index continues to push lower and was last down 0.46% on the day at 98.50. Below are some additional comments from Williams, per Reuters. "The Fed will not be swayed by political factors." "Expect consumer spending to moderate to a more sustainable level." "Yield curve inversion is a market indicator of risk but based… 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.
