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Back Fundamental analysis
Rates should be cut rapidly
The US dollar appeared to respond
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The US dollar appeared to respond cautiously to remarks by Federal Reserve official Steven Miran that the absence of strong price pressures in the economy means policy rates he describes as restrictive should be eased again this year. "I'm probably looking for a little bit more than a point of interest-rate cuts over the course of the year," Miran said on Tuesday. Miran disagreed with the Fed's decision last week to hold rates, arguing for a quarter-point cut. Late last year, when
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Pavel Vlasov
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