I do not understand that it is argued that the Fed should cut rates to make the cheapest government debt – Austen Goolsbee

The president of the Federal Reserve Chicago (Fed), Austan Goolsbeesaid Friday that “I do not understand the arguments that the Fed should cut rates to make the cheapest government debt, the mandate is in jobs and prices. “

In addition, he pointed out that “after that there has been a possible disruption, ambiguity that the Fed needs to resolve.”

Market reaction

At the time of writing, the index of the Dollar American is up 0.14% at 97.70.

American dollar today

The lower table shows the percentage of US dollar change (USD) compared to the main coins today. American dollar was the strongest currency against the Japanese yen.

USD EUR GBP JPY CAD Aud NZD CHF
USD 0.06% 0.19% 0.38% 0.23% -0.08% 0.16% -0.03%
EUR -0.06% 0.12% 0.31% 0.19% -0.06% 0.08% -0.09%
GBP -0.19% -0.12% 0.24% 0.04% -0.16% 0.01% -0.24%
JPY -0.38% -0.31% -0.24% -0.14% -0.46% -0.25% -0.44%
CAD -0.23% -0.19% -0.04% 0.14% -0.26% -0.09% -0.27%
Aud 0.08% 0.06% 0.16% 0.46% 0.26% 0.29% -0.04%
NZD -0.16% -0.08% -0.01% 0.25% 0.09% -0.29% -0.23%
CHF 0.03% 0.09% 0.24% 0.44% 0.27% 0.04% 0.23%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the US dollar of the left column and move along the horizontal line to the Japanese yen, the percentage change shown in the box will represent the USD (base)/JPY (quotation).

Source: Fx Street

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