Loading…
San Francisco Fed President John Williams gave a speech in Las Vegas arguing that monetary policy is reaching its limits in generating growth. He called for private and public sector action on demographics and productivity.
The speech is a policy-outlook remark with no direct effect on feed supply or demand, offering only a weak signal on the future rate path and the dollar.
frbsf.orgAug 2, 2017After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
