Central Banks

Fed’s Dudley answers questions: Balance sheet runoff has not disrupted financial markets

Speaking in NY

He added:

  • Watching developments on trade policy very closely
  • Very focused on US/China trade policy
  • Any deterioration in trade with China could affect US economic outlook
  • Lower bond market yields mostly due to US economy doing well and rising policy rates
  • A trade tariff war would be a terrible outcome.
  • Trade wars are not clickable

Source link

Articles You May Like

The AUD remains the strongest. The CAD is the weakest as London traders exit
Bitcoin kicked lower. Trades above and below the June low and longs are hoping it stays there.
Cable falls to session low with thin trading still prevailing
Everything about Forex trading: Forex demo, strategies, scalping and day trading.
Atlanta Fed GDPNow estimate falls to 4.7% from 4.8% last

Leave a Reply

Your email address will not be published. Required fields are marked *