Fed's Brainard: Effects of Hurricane Harvey are expected to be short lived

Lael Brainard, a member of the Board of Governors of the Federal Reserve, continues to give his remarks at University Club, NY, with the key quotes, via Reuters, found below:

  • Effects of Hurricane Harvey are expected to be short lived
  • Income inequality matters for resilience of economy

EUR/USD: Projections revised upwards, from 1.08 to 1.15 this year - BAML

Analysts at BofA Merrill Lynch are revising their EUR/USD projections upwards, from 1.08 to 1.15 this year and from 1.15 to 1.19 next year. Key Quote
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US Pres. Trump: Japan & S.Korea to buy highly sophisticated military equipment from US

"I am allowing Japan & South Korea to buy a substantially increased amount of highly sophisticated military equipment from the United State," US Presi
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