San Francisco Federal Reserve Bank President Mary Daly noted on Thursday that they are still far from the Fed’s inflation and employment goals, as reported by Reuters. Additional takeaways “Will discuss an approach to normalization when we get to a point when it’s appropriate to discuss, we are not there yet.” “We are unlikely to see an unwanted surge in inflation.” “We have tools to keep inflation down; our constraints are getting it back up, and addressing employment shortfalls.” “We are starting to see more normal activity resume.” “We are going to see a big rebound in the economy in the second half, jobless numbers fall, spending rise.” “It will take some time to reach full employment, price stability goals.” “Fed remains fully committed to price stability.” Market reaction The US Dollar Index ignored those comments and stays flat on the day at 91.63. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Polkadot price readies for a new rally as speculators take time to grab a fresh PINT FX Street 2 years San Francisco Federal Reserve Bank President Mary Daly noted on Thursday that they are still far from the Fed's inflation and employment goals, as reported by Reuters. Additional takeaways "Will discuss an approach to normalization when we get to a point when it's appropriate to discuss, we are not there yet." "We are unlikely to see an unwanted surge in inflation." "We have tools to keep inflation down; our constraints are getting it back up, and addressing employment shortfalls." "We are starting to see more normal activity resume." "We are going to see a big rebound in the economy in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
