Fed needs to monitor inflation 'very carefully' - FOMC's N.Kashkari

More from Minneapolis Fed Neel Kashkari at the Q&A session:

I have not yet adjusted forecasts due to fiscal policy.

Protecting the Fed's independence is enormously important.

Wages have come up but not at alarming levels.

 

United States Markit Services PMI registered at 53.9, below expectations (55.8) in February

United States Markit Services PMI registered at 53.9, below expectations (55.8) in February
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USD/JPY likely to move between 112.30 and 114.50 – UOB

According to FX Strategists at UOB Group, the pair should extend its rangebound theme likely between 112.30 and 114.50 in the next weeks. Key Quotes
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