-
Powell: US economy is in a good place, Fed will continue to use our monetary policy tools to keep it there
Powell: US economy is in a good place, #Fed will continue to use our monetary policy tools to keep it there
— DailyFX Team Live (@DailyFXTeam) March 20, 2019
Added at 2:34pm
-
Fed's Powell - Our overarching goal is to sustain the expansion
Jobs market is still strong • Still expects economy to grow at a solid pace in 2019 • Fed will be patient • Week retails bounced back in Jan but still pointed to slower spending • Brexit and ongoing trade negotiations pose risks • Much of today's meeting was about what to make of the various indicators • Lower oil to push inflation below 2.0% temporarily • It may be sometime before the outlook calls for a policy change • Rate projections in S.E.P are not a complete decision • We may hold the size of our holdings roughly constant for a time • Reserve balances in Sep may still be above what's needed ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 20, 2019 2:42pm Mar 20, 2019 2:42pm
- Hutch
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 689 Comments
- Comment #2
- Quote
- Mar 20, 2019 2:48pm Mar 20, 2019 2:48pm
- 1efemena
- | Joined May 2018 | Status: Junior Member | 1 Comment
- Comment #3
- Quote
- Mar 20, 2019 2:52pm Mar 20, 2019 2:52pm
- andinurhasan
- | Joined Oct 2017 | Status: Member | 123 Comments
- Comment #4
- Quote
- Mar 20, 2019 2:52pm Mar 20, 2019 2:52pm
- dani22
- | Joined May 2017 | Status: Member | 124 Comments
- Comment #5
- Quote
- Mar 20, 2019 2:54pm Mar 20, 2019 2:54pm
- conglomerate
- | Commercial Member | Joined Jun 2018 | 528 Comments
- Comment #6
- Quote
- Mar 20, 2019 2:58pm Mar 20, 2019 2:58pm
- lioslim
- Joined Oct 2011 | Status: just me | 95 Comments
- Comment #7
- Quote
- Mar 20, 2019 2:58pm Mar 20, 2019 2:58pm
- FlopHero
- | Joined May 2018 | Status: Member | 148 Comments
- Comment #8
- Quote
- Mar 20, 2019 3:00pm Mar 20, 2019 3:00pm
- ruioliveirap
- | Commercial Member | Joined Sep 2018 | 15 Comments
- Comment #9
- Quote
- Mar 20, 2019 3:01pm Mar 20, 2019 3:01pm
- bel3ouchi
- Joined Jul 2013 | Status: Member | 188 Comments
- Comment #10
- Quote
- Mar 20, 2019 3:02pm Mar 20, 2019 3:02pm
- rashadali
- Joined Jan 2016 | Status: Member | 710 Comments
- Comment #11
- Quote
- Mar 20, 2019 3:02pm Mar 20, 2019 3:02pm
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3130 Comments
Everyone can see the chart, but only a few can actually read it.
- Comment #12
- Quote
- Mar 20, 2019 3:03pm Mar 20, 2019 3:03pm
- afevir
- Joined Feb 2019 | Status: Member | 1224 Comments
Confucius: the man who broke the mountain was the same man who started ...
- Comment #13
- Quote
- Mar 20, 2019 3:19pm Mar 20, 2019 3:19pm
- fxx360
- | Joined Dec 2011 | Status: Member | 933 Comments
- Comment #14
- Quote
- Mar 20, 2019 3:25pm Mar 20, 2019 3:25pm
- classy
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 274 Comments
Say something meaningful or Silence!!
- Comment #15
- Quote
- Mar 20, 2019 3:37pm Mar 20, 2019 3:37pm
- fxx360
- | Joined Dec 2011 | Status: Member | 933 Comments
- Comment #16
- Quote
- Mar 20, 2019 4:05pm Mar 20, 2019 4:05pm
- conglomerate
- | Commercial Member | Joined Jun 2018 | 528 Comments
- Comment #17
- Quote
- Mar 20, 2019 5:22pm Mar 20, 2019 5:22pm
- Hutch
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 689 Comments
- Comment #18
- Quote
- Mar 20, 2019 6:34pm Mar 20, 2019 6:34pm
- danasa
- | Joined Jan 2018 | Status: Member | 118 Comments