Trump's pick for Fed's Wall Street watchdog plans to ease rules – Bloomberg

President Trump’s pick for the Fed’s top Wall Street watchdog, Randal Quarles said it’s time to reconsider the restrictions imposed on banks in recent years.

“As with any complex undertaking, after the first wave of reform, and with the benefit of experience and reflection, some refinements will undoubtedly be in order”, said Quarles.

AUD/USD: price action subdued on the 0.80 handle at two year highs

Currently, AUD/USD is trading at 0.8008, down 0.00% on the day, having posted a daily high at 0.8015 and low at 0.7992.  Despite the Aussie CPI that
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Fed softens language on inflation - ANZ

Analysts at ANZ explained that the US Federal Reserve left interest rates unchanged as expected, but it softened its language on inflation and hinted
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