Minutes from the scheduled April 28-29 meeting are not expected to provide any new clues to the bank’s future policies but they will be scrutinized for hints to the missing economic and rate projections and discussions of negative interest rates, FXStreet’s analyst Joseph Trevisani briefs. Key quotes “The minutes are likely to have a gloomy cast as the initial jobless claims numbers of the first three weeks of the month that had just outlined the depth of the historic unemployment disaster were fresh and unmitigated.” “Although there has been considerable public and media speculation that the Fed might be forced to follow fed futures into negative rate territory, Mr. Powell has said that the central bank is not considering negative rates.” “Any positive mention of negative rates or compliments for European policies could be damaging to the US dollar.” 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: The picture is mixed FX Street 2 years Minutes from the scheduled April 28-29 meeting are not expected to provide any new clues to the bank’s future policies but they will be scrutinized for hints to the missing economic and rate projections and discussions of negative interest rates, FXStreet’s analyst Joseph Trevisani briefs. Key quotes “The minutes are likely to have a gloomy cast as the initial jobless claims numbers of the first three weeks of the month that had just outlined the depth of the historic unemployment disaster were fresh and unmitigated.” “Although there has been considerable public and media speculation that the Fed might be forced… 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.
