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Feds Waller to speak at the top of the hour

Started by forex4you, Jan 22, 2023, 11:57 am

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Feds Waller to speak at the top of the hour

<p>The final Fed speaker will be speaking at the top of the hour. Federal Reserve Governor CHristopher Waller will be speaking. </p><p>Waller - being a Governor - has a permanent vote on the FOMC board. He has last spoken back in November. So hearing his views now will be key. He tends to tilt to the more hawkish side increasing his importance especially if he is less hawkish.</p><p>Given the storyline from many that the Fed has more work to do, is concerned about service inflation and is also concerned about full employment and its impact on <a href="" class="terms__main-term" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa" target="_blank">inflation</a>, it is hard to see him being anything different than that. However the stock market is bulled up a bit today especially the riskier <a href="" class="terms__secondary-term" id="73ea5227-7971-4d75-a878-f20ede81c27e" target="_blank">NASDAQ</a> type stocks. Will that view get tarnished?</p><ul><li>Dow is up 0.29%</li><li>S&P is up 0.86%</li><li>NASDAQ is up 1.48%</li><li>Russell 2000 is up 0.76%</li><li>2 year yield of 4.183%</li><li>10 year yield 3.488%</li><li>crude oil $81.50</li></ul>

                This article was written by Greg Michalowski at

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