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Evans backs Yellen's dovish tone

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Evans has been speaking and has not delivered anything more than what has been said before by any Fed member and has underpinned the kind of rhetoric we have been starting to here now after Yellen's speech in New York.

    Evans explained that jobs are buoying solid consumer spending while tighter financial conditions remain a headwind for US growth with risks that are tilted to the downside for the US economy. He is also concerned about an economic shock and inflation falling below target.
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