San Francisco Fed President Daly: Right now natural rate of unemployment lower than we thought coming into expansion

Market news

12 February 2020

San Francisco Fed President Daly: Right now natural rate of unemployment lower than we thought coming into expansion

U.S. economy has faced headwind after headwind
But it is in a good place to weather storms right now
The average inflation targeting over a long period makes sense, not talking about much above 2%
Businesses more optimistic than the end of last year that economy in a better place

U.S.: Crude Oil Inventories, February 7.459 (forecast 2.987)

Oil: Crude could see additional pain – TDS

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