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Fed's Bullard: Current level of policy rate is appropriate given current macroeconomic data

St. Louis Fed President James Bullard is crossing the wires, with key quotes, via Reuters, found below:

  • Current U.S. federal funds rate is appropriate given slow economic growth, low inflation.
  • Inflation unlikely to rise appreciably during 2017.
  • A further lowering of the unemployment rate unlikely to spark higher inflation.
  • The current level of the policy rate is appropriate given current macroeconomic data.
  • Hopes for faster growth in the second half of 2017 have been tempered by weaker macroeconomic data and by hurricane damage.

EUR/USD: fading the rallies, fade Bullard's dovish comments too?

Currently, EUR/USD  is trading at 1.1761, down -0.27% on the day, having posted a daily high at 1.1796 and low at 1.1717. (below daily cloud top at 1.
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USD/CAD: fresh highs on dovish Poloz, where next?

Currently, USD/CAD is trading at 1.2446, up 0.78% on the day, having posted a daily high at 1.2453 and low at 1.2335. BOC's Poloz continues to speak:
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