U.S. Fed openly worried about deflation, when at the last meeting yesterday did not introduce anything new in politics, but sent his tone towards inflation. Fed now thinks that inflation is below the healthy level for the economy and will remain so for some time. Now the question is not "whether" the Fed to apply the additional steps, but "when will". This is actually a gift for those who want to use the dollar as the currency of funding, so the high-yielding currencies maximum added. Another conclusion that further intervention of the Bank of Japan is only a matter of time. Expectations about interest rates were the main driver dollar / yen last year, usd / jpy dropped below 85 at night, and the markets are very afraid that the BOJ for the second round of concerted intervention.
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