Fed’s Bostic: Fed chair job is a very large job

Source Fxstreet

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that no one is projecting a worsening of the labor market and that by midyear, the economy will have reached an equilibrium at the Rotary Club of Atlanta on Monday.

Key takeaways

US economy looks resilient even before accounting for tax bill breaks, deregulation.

The outlook for 1h of 2026 is for strong economic performance, inflation to stay high and a source of concern.

No one is projecting worsening of labor market.

By midyear, will have reached an equilibrium with economy.

Fed chair job is a very large job.

To have policy go in a direction you want, have to build trust with the committee, show wisdom, guidance.

It's a huge undertaking for Warsh, i wish him the best.

He's got a tall task. not through with inflation from tariffs.

premature to say inflation job is done.”

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.57% 0.21% 0.59% 0.60% 0.32% 0.42% 0.97%
EUR -0.57% -0.35% 0.02% 0.04% -0.25% -0.15% 0.40%
GBP -0.21% 0.35% 0.38% 0.40% 0.11% 0.21% 0.76%
JPY -0.59% -0.02% -0.38% 0.02% -0.27% -0.16% 0.38%
CAD -0.60% -0.04% -0.40% -0.02% -0.28% -0.18% 0.36%
AUD -0.32% 0.25% -0.11% 0.27% 0.28% 0.09% 0.65%
NZD -0.42% 0.15% -0.21% 0.16% 0.18% -0.09% 0.56%
CHF -0.97% -0.40% -0.76% -0.38% -0.36% -0.65% -0.56%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Slips Below 75,000 Mark. Will Strategy Change Its Mind and Sell?Bitcoin prices briefly fell below $75,000, hitting a new 10-month low, though the probability of continued short-term downside remains low.On Monday (February 12), the cryptocurrency mark
Author  TradingKey
9 hours ago
Bitcoin prices briefly fell below $75,000, hitting a new 10-month low, though the probability of continued short-term downside remains low.On Monday (February 12), the cryptocurrency mark
placeholder
Bitcoin Faces Risk of Deeper Losses as Price Action Echoes Past Bear MarketsBitcoin price targets remain bearish as it struggles near multi-month lows, influenced by historical bear market trends.
Author  Mitrade
9 hours ago
Bitcoin price targets remain bearish as it struggles near multi-month lows, influenced by historical bear market trends.
placeholder
ASX 200 Logs Worst Session in Two Months as Gold Miners Crater Ahead of RBA DecisionAustralian shares post their worst loss in two months as gold miners slump 7.2% on hawkish US Fed outlooks and looming RBA rate hike fears.
Author  Mitrade
13 hours ago
Australian shares post their worst loss in two months as gold miners slump 7.2% on hawkish US Fed outlooks and looming RBA rate hike fears.
placeholder
270,000 People Instantly Liquidated. Crypto Earthquake, Just Because This Person Might Take Over the Fed? Cryptocurrencies plunge again as Warsh emerges as a possible candidate for Fed Chair and the U.S. SEC delays the release of crypto innovation waiver measures.On Friday (January 30), the c
Author  TradingKey
Jan 30, Fri
Cryptocurrencies plunge again as Warsh emerges as a possible candidate for Fed Chair and the U.S. SEC delays the release of crypto innovation waiver measures.On Friday (January 30), the c
placeholder
WTI slumps to near $64.00 on oversupply concerns and strong Dollar, Iran tensions limit lossesWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.00 during the early European trading hours on Friday. The WTI price falls after hitting its highest since late September as oversupply concerns weigh on the price. 
Author  FXStreet
Jan 30, Fri
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.00 during the early European trading hours on Friday. The WTI price falls after hitting its highest since late September as oversupply concerns weigh on the price. 
Related Instrument
goTop
quote