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04.06.2019 20:12

Chicago Fed President Evans says he's comfortable with policy now

  • Economy is doing well, inflation near 2%
  • Dual mandate has served the Fed extremely well
  • Trade uncertainty seems to be weighing on business investment
  • He's comfortable with policy now but worried about inflation levels below 2%
  • I'd be more aggressive in defending 2% inflation target
  • Consumer and labour markets remain strong
  • Can look through price increases from tariffs
  • Policymakers should be overshooting 2% target to be symmetric
  • Inflation pressures seem not strong or absent
  • Would take it into account if the economy softens but that hasn't been seen
  • If there is more softening, policymakers need to ask if they are getting in the way of the economy
  • Markets are seeing something that I have not yet seen in the national data


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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American New York 12:00 21:00 15:00 00:00 15:00 00:00
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Chicago 13:00 22:00 16:00 01:00 16:00 01:00