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05.06.2019 20:47

Chicago Fed president Evans: Fundamentals are solid for the economy

  • Prudent to take a look at monetary policy setting
  • You have to wonder about the inflation process given persistent weakness in price pressures
  • Low inflation itself is grounds to weigh more accommodation
  • Says his estimate for 2019 GDP is 2%
  • Has to be sure that the Fed is not getting in the way of "good growth"
  • There may be insurance reasons to talk about policy adjustments
  • Not concerned about inflationary effects of tariffs; they're a one-off
  • Real issue we have if stating what we mean by "symmetric"
  • Need to defend 2% symmetric inflation target "very strongly"


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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.

 
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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