Analysts at ANZ explained that the semi-annual Monetary Policy Report to Congress yielded few surprises. Key Quotes: “The FOMC “expects that further gradual increases in the target range for the federal funds rate will be consistent with a sustained expansion of economic activity, strong labour market conditions, and inflation near the committee’s symmetric 2 percent objective over the medium term.”” “Separately, the Fed’s Bostic said he does not have a lot of concerns about the economy today.” “However, he is worried about the “self-fulfilling prophecy” of an inverted yield curve.” “The gap between 2- and 10-year yields is currently less than 25bps and has been shrinking in recent weeks.” “Kaplan said he would need to downgrade his outlook if tensions between the US and its trade partners escalate.” 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 AUD/USD holding steady ahead of China’s GDP reading FX Street 5 years Analysts at ANZ explained that the semi-annual Monetary Policy Report to Congress yielded few surprises. Key Quotes: "The FOMC "expects that further gradual increases in the target range for the federal funds rate will be consistent with a sustained expansion of economic activity, strong labour market conditions, and inflation near the committee's symmetric 2 percent objective over the medium term."" "Separately, the Fed's Bostic said he does not have a lot of concerns about the economy today." "However, he is worried about the "self-fulfilling prophecy" of an inverted yield curve." "The gap between 2- and 10-year yields is currently less… 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.
