- March jobs report shows that Fed should not declare victory prematurely
more to follow
- labour market yet to show significant improvement
- Says he expects asset purchases to be wound down but could also be wound back up again
- quite low risk of inflation exceeding 2% target over next few years
- sees sluggish 2-2.5 GDP growth this year
Nothing new from the FOMC dove but EURUSD and GBPUSD both higher at 1.3131 and 1.5325. high posts of 1.3142 and 1.5329 so far.
