The post Fed’s Goolsbee: Oil shock makes problem of inflation from likely productivity growth more extreme appeared on BitcoinEthereumNews.com. Chicago Fed PresidentThe post Fed’s Goolsbee: Oil shock makes problem of inflation from likely productivity growth more extreme appeared on BitcoinEthereumNews.com. Chicago Fed President

Fed’s Goolsbee: Oil shock makes problem of inflation from likely productivity growth more extreme

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Chicago Fed President Austan Goolsbee made comments on the impact of supply shocks on monetary policy on Thursday.

Key quotes

Market reaction

At the press time, the US Dollar Index is up 0.12% on the day near 99.35.

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 Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.12% 0.19% 0.03% 0.10% 0.27% 0.08% 0.17%
EUR -0.12% 0.07% -0.11% -0.01% 0.16% -0.02% 0.05%
GBP -0.19% -0.07% -0.19% -0.09% 0.09% -0.09% -0.03%
JPY -0.03% 0.11% 0.19% 0.07% 0.25% 0.04% 0.15%
CAD -0.10% 0.01% 0.09% -0.07% 0.18% -0.02% 0.06%
AUD -0.27% -0.16% -0.09% -0.25% -0.18% -0.18% -0.12%
NZD -0.08% 0.02% 0.09% -0.04% 0.02% 0.18% 0.07%
CHF -0.17% -0.05% 0.03% -0.15% -0.06% 0.12% -0.07%

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-goolsbee-oil-shock-makes-problem-of-inflation-from-likely-productivity-growth-more-extreme-202605280244

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