Chairman of Federal Reserve Bank of San Francisco Dail:
- Two rate deduction this year would mean if the labor market declines solid and inflation falls, but the limit of potential risks is large
- Currently bending to focus on inflation
- A minor or moderate restrictive policy is required to reduce inflation
- Inflation continues to decline in search of signs, or if it is growing or sticky
- In search of any weak in the job market, no one is watching
- No longer facing policy trade
- Fed is agile, policy is well deployed
- Businesses have not stopped in front of uncertainty, although taking low risk
- Keeping the Fed Policy Rate stable is an active decision
This article was written by Eamonn Sheridan at www.forexlive.com.
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