Fed's Powell: We'll start evaluating progress at the next meeting | Forex Factory

Fed's Powell: We'll start evaluating progress at the next meeting

FED'S POWELL: WE'LL START EVALUATING PROGRESS AT THE NEXT MEETING.
— Breaking Market News (@financialjuice) June 16, 2021

Added at 2:56pm

Fed's Powell:

- Dots are not a good predictor of potential rate changes

- Dots are to be taken with "a big grain of salt"
— DailyFX Team Live (@DailyFXTeam) June 16, 2021

Added at 2:56pm

Fed's Powell:

- Increasing interest rates is not on the Committee's radar right now

- Liftoff is a long way off, we are still a long way from reaching our targets
— DailyFX Team Live (@DailyFXTeam) June 16, 2021

Added at 2:57pm

POWELL: TAPERING START WILL BE ORDERLY, METHODICAL, TRANSPARENT
— AceMarketU.com (@AceMarketU) June 16, 2021

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Comment #1
Quote
Jun 16, 2021 3:03pm Jun 16, 2021 3:03pm

Fix-it
| Joined Oct 2019 | Status: Member | 103 Comments

If it was good news it would have broke 1.40 and so far it has not done so.

Comment #2
Quote
Jun 16, 2021 3:05pm Jun 16, 2021 3:05pm

Mgradebe
| Joined Apr 2021 | Status: Junior Member | 1 Comment

There's no useful purpose of the fx.factory
Cause it only delays the process.

Story Stats

Posted: Jun 16, 2021 2:55pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 2 / Views: 3,345
Linked events:
USD FOMC Press Conference

USD FOMC Economic Projections