Wednesday , 15 January 2025
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Fed Schmid repeats comments from Jan 9. Second verse same as the first

As a reminder, below are some of the comments from Fed;s Schmid on January 9

  • Interest rate policy may be ‘near’ where it needs to be for the longer run
  • Fed is ‘pretty close’ to meeting both its mandates
  • Inflation moving towards target, growth showing momentum
  • Jobs market weaker but still healthy
  • Optimistic over growth and hiring prospects
  • Optimistic inflation pressures will continue to ease

Splits the difference between the hawks and the doves.

This article was written by Greg Michalowski at www.forexlive.com.

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