Technical Analysis


Fed’s Daly: Sees moderate, gradual recovery going forward




San Francisco Fed Pres. Mary Daly is a voting member in 2021

  • Moderate gradual recovery going forward
  • Surging Covid 19 cases creates uncertainty, could slow pace of growth
  • Lack of resolution on political process ads to pervasive uncertainty
  • Vaccine news hardening, but economy is being dictated by virus which is surging
  • Some sectors like restaurants, tourism, need more support
  • Will need more unemployment insurance, more PPP or similar program
  • Fed policies now are giving people a bridge, exact same policies will be stimulative 1 pandemic is passed
  • Fed is prepared to do whatever it takes to support economy

For bank trade ideas, check out eFX Plus 

























Source link

Articles You May Like

Best forex trading system – accurate forex trading system – forex trading strategies
100% No Draw-down Forex Trading Strategy | Market Maker Method
BIGGEST MISTAKE Beginners Make In Forex Trades… (you need to watch this twice)
Simple 1 Minute Forex Scalping Strategy 2020
Data since Nov consistent with slowdown

Leave a Reply

Your email address will not be published.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