Back

Fed’s Bullard: Trump’s comments will not affect FOMC rate decisions

St. Louis Fed President James Bullard was out on the wires in the last hour, saying that the US President Donald Trump is just one more voice in currency debate and his comments will have little effect on the Fed.

Additional quotes:

   •  Not surprised by Trump's comments on monetary policy but it's up to the Fed to take the best action.
   •  Expects Trump to weigh in again but doesn't change the Fed's mandate.
   •  US economy looks very good but the escalating trade war could be a risk to the economy.

EUR/JPY Technical Analysis: sidelined near term. Another attempt to 132.00 remains on the cards.

EUR/JPY daily chart                 Daily high: 131.23 Daily low: 130.59 Support Levels S1: 130.64 S2: 130.32 S3: 129.92 Resistance L
আরও পড়ুন Previous

US stocks trade mixed amid resurfacing trade war fears

Major US equity indices witnessed a mixed opening on Friday as traders reacted to the US President Donald Trump's latest comments on trade disputes.
আরও পড়ুন Next