Dollar fooled the markets
The Fed managed to hide its pessimism behind the willingness to take active, aggressive measures
Try, try, and try again. Jerome Powell, at the press conference following the April FOMC meeting, did his best to keep the illusion of stability he had created. Federal Reserve Chairman noted that the central bank will take active, aggressive measures to shield the U.S. economy from the coronavirus, and patiently hold the interest rates around zero until the regulator is sure that the U.S. economy is heading for the high targets in the employment and price stability. In order to hold the S&P 500 bears…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>
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