“Monetary policy is trying to keep the overall economy in a good place,” John Williams, president of the Federal Reserve Bank of New York, said at a conference on Asian economic policy organised by the Federal Reserve Bank of San Francisco. “If there is a need to deliver more stimulus, there is policy space,” Williams added. “It’s also important to talk about how fiscal policy could play a more supportive role in a downturn. Monetary policy will be more effective if they work together.” The US Dollar Index largely ignored these comments and was last down 0.12% on the day at 98.20. Below are some additional key quotes, per Reuters. “Reserves are now at levels that are consistent with ample reserves.” “Need further research into resilience of repo market.” “Monetary policy should not get caught up in ups and downs on trade, Brexit; want to take a longer view.” “Monetary policy can anchor inflation expectations.” 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 Ethereum technical analysis: ETH/USD extreme narrow conditions subject to a breakout FX Street 3 years "Monetary policy is trying to keep the overall economy in a good place," John Williams, president of the Federal Reserve Bank of New York, said at a conference on Asian economic policy organised by the Federal Reserve Bank of San Francisco. "If there is a need to deliver more stimulus, there is policy space," Williams added. "It's also important to talk about how fiscal policy could play a more supportive role in a downturn. Monetary policy will be more effective if they work together." The US Dollar Index largely ignored these comments and was last down 0.12% on the day… 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.
