Richmond Fed Pres. parking is speaking and says:
- Fed is in position to respond appropriately regardless of how economy involves.
- US economy looks pretty good
- Labor market is resilient.
- From here, labor market mighty fine or my continue to weaken.
- Inflation might be coming under control or might risk getting stopped about Fed 2% target.
- That focus may turn to upside inflation risks or two downside employment risks, depending on how economy develops.
This article was written by Greg Michalowski at www.forexlive.com.
