Fed's Harker: Record-long expansion continues
|In his prepared remarks on 'neuroeconomics', Federal Reserve Bank of Philadelphia President Patrick Harker refrained from commenting on the Federal Reserve's monetary policy outlook.
Regarding the US' economic performance, Harker said 'far more' economic variables appear "uncertain or unruly," but added that the record-long expansion was expected to continue.
Markets largely ignored Harker's comments and the US Dollar Index, which tracks the dollar's value against a basket of six major currencies, was last up 0.3% on the day at 97.70.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.