Federal Reserve Governor Stephen Miran spoke at a televised interview on CNBC on Wednesday. He said that there is now more downside risk than there was a week ago, and that with the shift in the balance of risk, it is more urgent to move towards a more neutral policy.
Key takeaways
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.14% | -0.32% | -0.24% | 0.01% | -0.42% | 0.04% | -0.28% | |
| EUR | 0.14% | -0.12% | -0.12% | 0.13% | -0.24% | 0.13% | -0.13% | |
| GBP | 0.32% | 0.12% | 0.02% | 0.29% | -0.11% | 0.25% | 0.04% | |
| JPY | 0.24% | 0.12% | -0.02% | 0.23% | -0.17% | 0.13% | 0.06% | |
| CAD | -0.01% | -0.13% | -0.29% | -0.23% | -0.43% | -0.04% | -0.26% | |
| AUD | 0.42% | 0.24% | 0.11% | 0.17% | 0.43% | 0.37% | 0.16% | |
| NZD | -0.04% | -0.13% | -0.25% | -0.13% | 0.04% | -0.37% | -0.21% | |
| CHF | 0.28% | 0.13% | -0.04% | -0.06% | 0.26% | -0.16% | 0.21% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Source: https://www.fxstreet.com/news/feds-miran-the-economy-is-more-vulnerable-to-shocks-because-policy-is-restrictive-202510151420
