Fed's Williams: Losing confidence we will see tax reform in next 6 months

San Francisco Federal Reserve Bank President John Williams delivered additional remarks, with key quotes, via Reuters, found below:

  • Do not personally subscribe to secular stagnation theory
  • It is a harder economy to manage with low neutral rates and slower growth
  • Not seeing excesses borrowing, but watching carefully
  • To roll back Dodd-Frank regulations would take time, may require changes to law
  • Losing confidence we will see tax reform in next 6 months
  • There is a very strong consensus that corporate tax code is out of date

GBP/USD hits 6-day highs after FOMC minutes, still unable to consolidate above 1.3220

The US dollar dropped across the board after the release of the minutes from the latest FOMC meeting. GBP/USD climbed to 1.3227, reaching the...
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AUD/USD: greenback beaten up on dovish Fed officials and less hawkish FOMC minutes

Currently, AUD/USD is trading at 0.7796, up 0.23% on the day, having posted a daily high at 0.7811 and low at 0.7771. FOMC Minutes: Many Fed official
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