- Fed's Goolsbee: Things to watch over next 2 weeks until Fed's next meeting are prices and credit
Market news
19 April 2023
Fed's Goolsbee: Things to watch over next 2 weeks until Fed's next meeting are prices and credit
“After the failure of two large regional Fed banks last month roiled the financial sector, I’m waiting to see whether there are other credit shoes to drop,” said Chicago Federal Reserve Bank President Austan Goolsbee In an interview with American Public Media's Marketplace.
Additional comments
Not in the crisis sense, but in the how much squeezing is going to be coming up from the bank side.
I think it’s going to matter for whether this economy is going to slow down.
My message is, be prudent, be patient.
EUR/USD retreats
EUR/USD fades the late Wednesday’s corrective bounce while retreating to 1.0955 during the early hours of Thursday’s Asian session.
Also read: EUR/USD bulls holding in the 1.09s front side of bullish trend
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