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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (131238)	8/18/2022 9:05:36 AM
From: Goose94	Read Replies (1) of 202931

HUV-T: Investors are still trying to make sense of how far the U.S. Federal Reserve will go in its fight against inflation. U.S. futures spent much of the early morning making a slow climb out of negative territory after choppy reaction to yesterday’s minutes from the U.S. Federal Reserve’s last policy meeting, in which the decision-makers underscored the need to act “with resolve.” The recap from that meeting also showed that “some” participants said it would be wise to maintain the policy rate “for some time” once it reaches “a sufficiently restrictive level.” As a sidebar theme, the minutes also indicated there’s an eagerness to implement a “robust supervisory and regulatory framework” for digital assets as they take on greater importance for overall financial stability. We’ll point out here that we’re speaking with San Francisco Federal Reserve executive vice-president and director of research Sylvain Leduc, who was previously deputy governor at the Bank of Canada, at 1640ET BNN.ca

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