US President Donald Trump says he likes native fares. There was no reaction in the American dollar so far because the market is paying more attention to the Federal Reserve than the US government at this point.
We absolutely must open schools
We have now exceeded 10 million COVID-19 tests
Strongly feels that we should have negative interest rates.
Disagree with the Fed on negative rates.
Powell has done a good job in the past few months.
Despite the negative rate differences, Powell’s performance as chairman of the Fed has improved.
The House stimulus bill died on arrival.
More soon …
ALL FOMC members against negative rates
Meanwhile, Fedell Powell’s comments hit a peak in the US dollar on Wednesday, further adding to the AUD / USD. Powell noted that the FOMC’s view on negative rates has not changed and reiterated that this is not something the Fed is considering.
“The Fed intends to continue using the tools he has already tried, “said Powell in response to questions at an event hosted by the Peterson Institute for International Economics.
Previous Minutes on the Negative Rates Debate