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Powell: We expect reserve levels to reach ample level in second quarter
Fed Chair Powell:
— DailyFX Team Live (@DailyFXTeam) January 29, 2020
- We expect reserve levels to reach ample level in second quarter $DXY $SPX
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Powell speech: Fed is not satisfied with inflation running below 2% and it is not a ceiling By @eren_fxstreet https://t.co/Z4rs7UmRyG #Fed #CentralBanks
— FXStreet News (@FXStreetNews) January 29, 2020
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Fed Chair Powell:
— DailyFX Team Live (@DailyFXTeam) January 29, 2020
- We want to be clear one and a half trillion would be bottom of range for reserves $DXY $SPX
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FED'S Powell Says Fed's Intention Is Just To Raise The Level Of Reserves; "That Is Our Sole Intention"
— First Squawk (@FirstSquawk) January 29, 2020
-- Says Hard To Say At Any Time What Is Affecting Financial Markets
-- Says The Labor Market Continues To Perform Well
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Fed's Powell Q&A: Wages, running around 3% growth which is about what would match productivity and labor force growth. Natural rate of unemp may still be lower than thought, and supply side shock of labor part could be holding down wages.#Powell #federalreserve #FOMC @anthonymace
— Mace News (@MaceNewsMacro) January 29, 2020