Fed's Daly (2027 voter) says projections for growth are solid; incoming data looks promising
Fed's Daly's comments suggest a cautious optimism regarding economic growth, which could influence expectations for future monetary policy.
White House says Trump and his team have told Iran if killing continues, there will be grave consequences; 800 executions were halted in Iran; all options remain on the table for Iran
White House says Trump meeting with Machado underway
Fed's Daly (2027 voter) says projections for growth are solid; incoming data looks promising
NY Fed RRP op demand at USD 2bln (prev. 3.2bln) across 6 counterparties (prev. 15)
Israel PM Netanyahu reportedly asked US President Trump on Wednesday to delay an attack on Iran, according to NYT
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- There is still a lot of uncertainty, with risks to both sides of our mandated goals.
While she highlights solid projections, the mention of uncertainty underscores that the Fed is still balancing risks to their dual mandate. This statement may lead traders to reassess their positioning on interest rate paths and the USD, particularly given its implications for risk sentiment in the market.
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