Fed's Bostic: Uncertainty over trade is chief downside risk to economic performance

Additional comments from Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, are crossing the wires with key quotes, via Reuters, found below.

  • So far appears 'few companies' are putting proceeds of tax cuts to work in ways that will be 'transformative' for U.S. productivity.
  • Scale of U.S. debt should 'inform' fiscal policymakers moving forward.
  • Proposal to allow only semi-annual reporting by public companies 'cuts two ways,' with investors wanting more information, but less frequent reporting perhaps allowing longer-term focus by companies.
  • One legacy of financial crisis is that bank examiners are 'hyper-focused' on risk.
  • Uncertainty over trade is chief downside risk he sees to U.S. Economic performance.

EUR/USD advances to fresh 10-day high above 1.1450 as DXY drops below 96

The EUR/USD pair gained traction in the last hour and rose to its highest level in ten days at 1.1462 as it took advantage of the broad-based greenbac
Baca lagi Previous

EUR/USD Technical Analysis: EUR/USD break above last week high as Trump complain about Fed’s interest rate hikes

EUR/USD 15-minute chart Spot rate:             1.1461 Relative change:   0.02%   High:                    1.1464 Low:                     1.13
Baca lagi Next