Fed walks the dovish line, but markets want more
Global Market Insights - Forex, Futures, Stocks
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Show Notes
Fed commits to rock bottom rates for years, reaffirms ‘whatever it takes’ stance. Dollar drops initially and stocks jump, but moves reverse as Powell doesn’t commit to yield curve control. Markets in risk-averse mood overall Thursday, worrisome US virus numbers not helping. Today: Eurogroup meeting on recovery fund and US jobless claims.
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