SF Fed Pres.Mary Daly is talking and says:
- Rising housing prices have been a key driver of upper inflation.
- Greater rates of interest do increase housing prices quickly, however are wanted to deliver down inflation
- We’re dedicated to ending the job on value stability.
- Fed is concentrated, resolute on getting inflation down.
Feedback are in step with the overall consensus
This text was written by Greg Michalowski at www.forexlive.com.