Trading Global Markets Decoded

Patient Powell At Fed Shows Policy Likely To Extend Low FX/ Rates Volatility

03.21.2019 - By DailyFXPlay

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Traders and Market Observers around the world, seemed dismayed at the Federal Reserve on March 20. On one hand, Fed Chairman, Jerome Powell talked about the strength of the economy, the employment sector, and the outlook. However, the actions taken by the Fed aligned with accommodation that is needed to stimulate or support a weakening economy through limiting the Balance Sheet reduction, taking out the expectation of a rate hike in 2019, and providing forward guidance on how patient they will be going forward before their next action. Tyler discusses this and more on the show

 

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