The picture below shows that we are near or at the US Inflation Target for the FED. This is not likely to change anything in the short term but it will affect longer term views. https://twitter.com/user/status/1194951645718810627 U.S. Federal Reserve Chair Jerome Powell told Congress that the negative interest rates aren’t appropriate for a U.S. economy
Another green day for US Equities #3 in a row #FED ready to act and https://www.reuters.com/article/us-usa-fed-conference-brainard/fed-policymakers-promise-response-if-us-economy-slows-idUSKCN1T61M1 #ECB speculating restarting an extension of #QE On the other hand EUR/USD getting Stronger. EURO/USD Options trading record Back-to-back record days have seen 12.2M Eurodollar options contracts traded over the last two sessions, including a record 5.4M traded electronically
The US Indexes are trading below the high of the day as the FED confirmed the rate increase. I do not detect large capital movement in any of the two directions. Technically we could see some retracement for today’s levels. In raising its benchmark overnight lending rate a quarter of a percentage point to a
The U.S. Federal Reserve releases minutes from its last rate-setting meeting that was held in the end of January. Policymakers decided to stand pat but the central bank is widely expected to raise interest rates again in mid-March. The minutes will likely show the Fed remains on track for rate rises this year unless inflation