Feds Kashkari: “Fed Focuses on Demand to Reduce Inflation. We Remain Committed to Lowering Inflation to 2%” Highlights of Kashkari’s speech /FED/
-The Fed focuses on the underlying demand in the economy to reduce inflation. People are still spending more than expected. -Housing is an area the Fed is focusing a lot on.
-The big question now is how restrictive the Fed’s current policy is. We will need more time at these levels to understand where inflation is headed. -The Fed’s balance sheet reduction is going well
– We remain committed to reducing inflation to 2%
-With higher US government debt, higher borrowing costs may be needed in the near term to achieve 2% inflation.
Market reaction – Traders remain in risk on mode
SP500 1 Hour Chart
-Sentiments remain positive despite Kashkari maintaining a cautious tone. SP500 marks a new ATH. There probably isn’t much bullish charge left for today’s session, but right now the trade is above the ex high. A new ATH close in today’s session will give further support to buyers for the rest of the week.


Varchev Absolute Trader
борсова платформа
- Търгувай над 3000 финансови инструмента: Crypto, Форекс, Акции, Индекси, Суровини, ETF-и
- Използвай платформа с директно изпращане ордерите на борсите
- Best Trading Platform - "Online Personal Wealth Awards" EU награждава Varchev Absolute Trader
- Cloud base платформа - твоят трейдинг сетъп на всяко устройство
- Traders Talk - чуй какво движи пазарите в реално време
- Market Sentiment - търгувай с настроенията на инвестиционите банки
- Top movers - най-горещите трейдове във всеки един момент
- Stocks scanner - филтрирай най-подходящите за твоя трейдинг стил пазарни инструменти
- Heat map - Търгувай в посоката на големите играчи
Read more:
Login to comment
Comments:
Leave a comment