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Fed fails to focus on the centrality of oil prices

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The other day, Fed Gov Brainard voiced a dovish position because “the underly-ing momentum of the domestic economy is not strong enough to resist the deflationary pull of the international environment.” US growth will decelerate if global growth keeps slowing and the dollar keep firming. Then “progress toward full employment and 2% inflation would stall or re-verse.” Nonsense. We were all sold a bill of goods, the idea that because information flow is so fast and global that actual

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