Central Banks

Fed’s Kaplan: To the extent it removes uncertainty, China-US deal could be a positive

Comments from Kaplan:

  • We have to wait and see how events on US-China trade unfold
  • Says he wants to be patient on assessing data, has open mind going into October meeting
  • In light of liquidity needs it is appropriate to increase Fed’s balance sheet
  • Buying Treasury bills is not QE; it’s a technical adjustment

Kaplan has morphed into a consistent dove and he’s not-so-dovish here. I’m worried that an Oct 30 cut won’t come.

ForexLive

Articles You May Like

Best Forex Trading App’s for Beginners ( Top 5 )
Forex Candlestick Patterns Trading Course for BEGINNERS (ALL IN ONE VIDEO)
EURUSD moves to lower trend line and October swing lows targets
GBPUSD trades to new session lows. Breaking away….
UK election: Panelbase Poll has conservatives at 40%. Labour 30%

Leave a Reply

Your email address will not be published.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