Waller Pushes on Open Door: Push for Patience Lifts the Dollar, Complicating Japanese Efforts
Marc Chandler
March 28, 2024
Overview: Comments by Fed Governor Waller, urging
patience on rates and wanting more evidence that price pressures are moderating
has helped the greenback extend its recent gains. The yen is the notable
exception as the fear of intervention has restrained the dollar bulls. Poor
German data, including a sharp 1.9% drop in February retail sales, the…
Waller Pushes on Open Door: Push for Patience Lifts the Dollar, Complicating Japanese Efforts
Reviewed by Marc Chandler
on
March 28, 2024
Rating: