Commenting on the Federal Reserve’s decision to cut the policy rate by 25 basis points earlier this week, “The Fed has taken a big step in the right direction with the latest rate cut,” White House economic adviser Larry Kudlow told Bloomberg TV. Kudlow further noted that the does not see any inflation in the US and reiterated that the Trump administration has ruled out any currency intervention. The US Dollar Index doesn’t pay any mind to these comments and was last down 0.2% on the day at 98.20. 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 Bitcoin price prediction: BTC/USD bulls yearning for higher consolidation above $10,500 – Confluence Detector FX Street 4 years Commenting on the Federal Reserve's decision to cut the policy rate by 25 basis points earlier this week, "The Fed has taken a big step in the right direction with the latest rate cut," White House economic adviser Larry Kudlow told Bloomberg TV. Kudlow further noted that the does not see any inflation in the US and reiterated that the Trump administration has ruled out any currency intervention. The US Dollar Index doesn't pay any mind to these comments and was last down 0.2% on the day at 98.20. 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.
