Saturday, August 24, 2019

Fed’s Clarida ending CNBC interview: choices square measure taken at one meeting at a time

Fed’s Clarida is crossing the wires and has same that choices square measure taken at one meeting at a time, however has warned of a worsening economic scene on the world scale.



Key comments
US economic information since July has are available in practically.
Not seeing Associate in Nursing elevated risk of recession.
Treasury yields square measure driven down by world problems.
The Fed is targeted on its law-makers mandate.
See US growth in 2020 at or higher than trend.
FX implications:
Coupled with the newest trade war developments, things don't look terribly bright for risk appetence going forward and also the Yen, CHF and gold doubtless to remain beneath demand. we tend to square measurewatching for Trump to chill at the Chinese following Chinese tariff announcements.

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