In an interview with CNBC on Friday, Fed Governor Christopher Waller said that they are happy to let inflation rise above 2%, as reported by Reuters. Additional takeaways “I don’t think anyone would be comfortable if inflation got to 3% or above and stayed there a while.” “Dot plot is a problem right now.” “It’s all about outcomes; we shouldn’t be doing calendar-based forecasts.” “Markets are getting ahead of themselves in terms of expecting rate hikes.” “If measuring by levels, we are still in a recession.” “I’m thinking about it in levels, not growth rates.” Market reaction The greenback remains on the back foot after these comments and the US Dollar Index was last seen losing 0.15% on the day at 91.53. 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 contained between two key levels awaiting 22% move FX Street 2 years In an interview with CNBC on Friday, Fed Governor Christopher Waller said that they are happy to let inflation rise above 2%, as reported by Reuters. Additional takeaways "I don't think anyone would be comfortable if inflation got to 3% or above and stayed there a while." "Dot plot is a problem right now." "It's all about outcomes; we shouldn't be doing calendar-based forecasts." "Markets are getting ahead of themselves in terms of expecting rate hikes." "If measuring by levels, we are still in a recession." "I'm thinking about it in levels, not growth rates." Market reaction The greenback remains… 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.
