Trial now
AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

FED
FED: Q&A continues:
Q: Looking at data today , do you believe you have achieved a soft landing?
- A: That is our outlook, of moderate growth, 2% trend growth: could be better,
could be worse, but our stance is appropriate as long as that is our outlook.
Q: Rationale behind moving at this meeting rather than waiting until Dec, any
discussion?
- A: Had our usual range of perspectives but had strong vote in favour of this
action. Believe strongly the right move, actions today the right move, to
achieve our objectives.
Q: Different regions reacting differently to China trade; coast vs middle; urban
vs rural; how does that impact decisions?
- A: MonPol a blunt instrument. First thing is to understand that. We don't have
tools to address that. Call things out that are important to our economy, but
some have to be handled at state / local level. Not asking Congress to do
anything right now. We do what we do: fin stability, price stability. Other
issues, disparity of wealth, potential growth rate etc. are issues for Congress.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com