The Bundesbank does not see the need for a German fiscal stimulus at the moment @ Forex Factory



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From @ DailyFXTeam|52 min ago|6 comments

tweet at 10:13: Harker, Fed, does not see the need for another rate cut, adds that the central bank should stay here for a while – CNBCFed Harker: No need for additional stimulus now In an interview with CNBC, Patrick Harker, president of the US Federal Reserve in Philadelphia, said that he did not see the need for an additional stimulus yet. "We are more or less neutral," said Harker, adding that the trade dispute between China and China was perceived as an "economic obstacle". Supported by these hawkish remarks, the US dollar index rebounded from the session's low of 98.08 in the last hour and now stands at 98.18, still losing 0.08%. That day. Below are some additional comments, by Reuters. "The yield curve is just one of many signals." "The problem of trade makes trade decisions difficult." "Growth is exactly what we expected last year." "No need for another rate cut, the central bank should stay here for a while." "The resolution of trade would stimulate growth."Fed's Harker Hawkish Shocker reverses 2s10 curve and sends stocks Red Moments Patrick Harker, Chairman of Philly Fed, said in an interview with CNBC that he did not see the need for a stimulus extra for the moment. "We are more or less neutral," said Harker, adding that the trade dispute between China and China was perceived as an "economic obstacle". "It's hard to know exactly where the neutral is," Harker said. "We're pretty much where the neutral is right now, and I think we should stay here for a while and see how things go." When asked if he saw arguments in favor of an additional stimulus, Harker responded No sooner. "

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