Fed's Harker: Need to dip into unconventional monetary policy toolkit if we see deep recession

Additional comments from Philadelphia Fed President Patrick Harker continue to cross the wires with key quotes, via Reuters, found below.

  • Some value in US Fed inflation target not getting out of sync with the rest of the world.
  • If we see a deep recession, would need to dip into unconventional monetary policy toolkit.

AUD/USD Technical Analysis: Intraday positive move falters near 50-hour SMA, ahead of 0.7100 handle

   •  The pair managed to stage a goodish intraday bounce from a short-term ascending trend-line, extending from lows set on March 11, 14 and 20, albe
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Bannockburn: GBP vulnerable to headline risk

Bannockburn analysts point out that the GBP has poked above pre-weekend high (~$1.3225) in early Asia & tried again in the European morning. Key Quot
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