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FX.co ★ 20.11.2024: Trump-trading catalysts lost their effect. Daily outlook for USD, EUR, Brent, RUB

20.11.2024: Trump-trading catalysts lost their effect. Daily outlook for USD, EUR, Brent, RUB

The US economy "is not sending any signals that we need to rush into rate cuts," the Federal Reserve Chairman stated yesterday. This sentiment was echoed by other Fed policymakers who also spoke at various events yesterday. For instance, Susan Collins of the Boston Federal Reserve similarly noted that there is "no great urgency in cutting rates," emphasizing that the primary goal of policy decisions should be to maintain a healthy economy.

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