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globalreutersApril 12, 20241 Mins read
KC Fed President Schmid: Current stance of US monetary policy is appropriate
globalreutersApril 12, 20241 Mins read - Urges patience on interest rates until it’s clear that inflation is ebbing to 2%
- Economic resilience is creating mon pol uncertainty
- Inflation still too high
- Job sector remains strong
- Wage growth signals ongoing labor market imbalance
- Would like to see a much smaller Fed balance sheet
There is no strong signal here.
This article was written by Adam Button at www.forexlive.com.
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