Thursday , 14 November 2024
Home Forex Fed’s Schmid: It remains to be seen how much more Fed will cut and where rates settle
Forex

Fed’s Schmid: It remains to be seen how much more Fed will cut and where rates settle

  • Rate cuts to date are an acknowledgement of growing confidence that inflation is on the path to 2% goal
  • Hope productivity growth can outrun the effects of slowing population growth
  • Won’t let enthusiasm over rising productivity get ahead of data or commitment to reaching Fed goals

There isn’t much of a hint on anything here.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Fed’s Kugler: If disinflation progress stalls, it could call for a pause to rate cuts

Must be mindful of both sides of the mandate right nowIf labour...

NZDUSD Technical Analysis – We are testing a key support zone

Fundamental OverviewThe US CPI yesterday came in line with expectations leading to...

Pound Sterling refreshes four-month low ahead of Powell-Bailey’s speeches

The Pound Sterling (GBP) refreshes over a four-month low below the round...

India Trade Deficit Government: $27.14B (October) vs $20.78B

India Trade Deficit Government: $27.14B (October) vs $20.78B