“There is a greater spirit of optimism about the economy,” the president of the New York Federal Reserve, John Williams, As reported Reuters.
Featured statements
“I don’t see a deterioration in credit standards in the housing market.”
“The Fed is monitoring asset prices.”
“The Fed is focused on making sure the banking system is safe and sound.”
“Cities may take longer to fully recover because they depend on office workers.”
“A strong economy will put commercial real estate in a good place overall, but we will have to see how it develops.”
“The Fed is actively studying central bank digital currencies and is not in a race.”
Market reaction
These comments had little or no impact on the dollar’s performance against its rivals. At time of writing, the US Dollar Index was down 0.38% on the day to 90.96.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
