Boston Federal Reserve president Rosengren: More support likely needed from monetary and fiscal policy

Market news

19 June 2020

Boston Federal Reserve president Rosengren: More support likely needed from monetary and fiscal policy

Economic rebound could be slowed by continued virus spread
Expects U.S. unemployment rate to be double digits at the end of 2020
U.S. inflation is likely to remain below Fed's 2% target
Fed is seeing steady stream of interest in May Street lending program

Canadas retail sales exceptionally soft in April - RBC

AUD/USD: 200-DMA at 0.6666 exposed on a break below 0.6850 - OCBC

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