The Minutes from the unscheduled FOMC meeting on March 15, which cancelled the scheduled one for March 17-18 and came after another unscheduled meeting on March 2, showed that policymakers were in the same boat as everybody else, per BMO Capital Markets. Key quotes “The Minutes reveal that the Fed was very concerned over what was already happening in the US and global economies owing to the COVID-19 pandemic, and what was about to happen.” “In terms of the Fed’s monetary and financial policy responses, they acted fast and meaningfully on March 15, they have acted fast and meaningfully since then, and one can only presume that the Fed will act fact and meaningfully again if the need arises. And, we judge the need will indeed arise.” 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 TRON Price Analysis: TRX/USD faces a strong resistance at $0.01400 FX Street 2 years The Minutes from the unscheduled FOMC meeting on March 15, which cancelled the scheduled one for March 17-18 and came after another unscheduled meeting on March 2, showed that policymakers were in the same boat as everybody else, per BMO Capital Markets. Key quotes “The Minutes reveal that the Fed was very concerned over what was already happening in the US and global economies owing to the COVID-19 pandemic, and what was about to happen.” “In terms of the Fed’s monetary and financial policy responses, they acted fast and meaningfully on March 15, they have acted fast and meaningfully since… Top 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.
