Fed' s Williams: Monetary policy 'poorly suited' to financial stability goals

Federal Reserve Bank San Francisco head John Williams crossed the wires, saying monetary policy is 'poorly suited' to financial stability goals, adding that macroprudential tools in the US are hard to find.
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EUR/USD: phasse of consolidation before bears awake again?

EUR/USD is trading at the lowest levels since 3rd Decembers rally from 1.0518 that reached 1.0981 on the same daily stick when Draghi shocked the markets with a lack of commitment to what the market had already priced in.
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