Thursday , 21 November 2024
Home Forex Fed’s Waller: Makes no comments on economy or monetary policy outlook
Forex

Fed’s Waller: Makes no comments on economy or monetary policy outlook

Fed’s Waller is speaking but makes no comment on monetary or economic policy in his prepared remarks.

He does say:

  • private sector best suited to innovate on payment systems
  • Fed ready to support private innovation, mindful of financial stability.
  • Government should have clear objective when providing financial services.
  • There are times when government can address market inefficiencies
  • Still does not see case for Fed digital dollar

Perhaps he will comment on monetary policy/the economy in a Q&A later.

Looking ahead at

  • 10:15 AM ET, Richmond and President Barkin is speaking (he speaks at 5:30 PM ET as well).
  • 2 PM, Minneapolis Fed Pres. Kashkari speaking and at
  • 5 PM Philadelphia Fed Pres. Harker is scheduled to speak

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

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Weekly update on interest rate expectations

Rate cuts by year-endFed: 14 bps (55% probability of rate cut at...

Gold Technical Analysis – New highs as rate cuts repricing pauses

Fundamental OverviewGold continues to make new highs as the correction from the...

European equities see a mixed open to start the day

Eurostoxx flatGermany DAX +0.2%France CAC 40 -0.1%UK FTSE +0.3%Spain IBEX +0.2%Italy FTSE...

France November business confidence 96 vs 97 prior

Prior 97Services confidence 99Prior 101Manufacturing confidence 97Prior 92; revised to 93The overall...