The US dollar rose around 30 pips across the board as NY Fed President John Williams spoke on CNBC. US equity futures also gave up gains.Here is exactly what he said:"We aren't really talking about rate cuts right now. We're very focused on the question in front of us, which is-- as Chair Powell said -- the question is: Have we gotten monetary policy to a sufficiently restrictive stance to ensure that inflation comes back down to 2%. That's the question in front of us and that's the question we've been thinking about for the past five months and that's the question we will be thinking about for some time. That's the topic of discussion for the committee....the discussion really at the FOMC r
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