- Analytics
- News and Tools
- Market News
- Fed's Waller: Markets are tightening and will do some of the work for us
Fed's Waller: Markets are tightening and will do some of the work for us
Federal Reserve (Fed) Governor Christopher Waller noted on Wednesday that inflation data in the last three months has been "very good," per Reuters. "If current trends continue, inflation will basically be back to the target," Waller added.
Key quotes
"Long-term rates are market determined."
"It's astounding how resilient the job market has been given the tight Fed policy."
"The real side of the economy is doing well."
"The Fed can watch and see what happens on rates."
"Financial markets are tightening and that will do some of the work for us."
"Will see how higher long-term rates feed into the Fed policy."
"Hard to see a direct link from the Middle East violence to the Fed policy unless there is a broader conflict."
Market reaction
The US Dollar Index stays under modest bearish pressure following these comments and was last seen losing 0.1% on the day at 105.65.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
