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USD appreciation well justified by economic cycle – Fed’s Dudley

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    More comments from NY Fed Chief Dudley, still speaking at PBOC symposium in China:

    Weakening inflation expectations are a concern

    One month of inflation doesn't make a trend

    China doing a good job pointing growth toward consumption

    Optimistic that China's economic transition can be managed

    USD appreciation well justified by economic cycle

    Not realistic to expect central banks to give forward guidance on moves

    Central bank communication should be as clear as possible
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