Speaking at an SNB event

  • Fed funds rate to be the primary policy tool over the next few years
  • It is not surprising that inflation hasn’t picked up more
  • The new normal for FFR is around 2.5%
  • Says he supports a gradual rise in rates
  • We have quite a bit of room to reduce rates in response to negative economic developments if needed
  • We are as close as we have been in my career to our goals on unemployment and inflation

Not much here to get USD traders pulses racing.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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