Fed’s Kashkari: Policy uncertainty is complicating the Fed’s job
Source Fxstreet
Minneapolis Fed President Neel Kashkari reiterated that there is still job to be done regarding inflation.
Key Quotes
We've made a lot of progress bringing inflation down, still more work to do.
Job market has stayed strong, biggest challenge is to finish the job.
Policy uncertainty is complicating the Fed's job.
Relative to other countries, the U.S. is relatively insulated to trade dynamics.
After 2018 tariffs, we saw less reshoring of manufacturing to the U.S. than to other countries.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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The USD/JPY pair attracts some buyers during the Asian session on Monday and climbs back above the 153.00 mark following the disappointing release of Japan's Q4 GDP report.
Gold (XAU/USD) attracts fresh sellers at the start of a new week and reverses a part of Friday's strong move up of over $150 from sub-$4,900 levels.
Silver price retreats during the North American session nearly 1%, after reaching a daily high of $78.20.
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