Daly Fed: Fed must pay attention to both sides of the mandate

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On Friday, Federal Reserve (Fed) Bank of San Francisco President Mary Daly said in a LinkedIn post that the low-hiring, low-employee environment could persist or could change to a low-hiring, low-employee environment.

Key quotes

We must pay attention to both sides of our mandate. Americans deserve both price stability and full employment.

We have been living in a relatively low-employment and low-employment environment for some time now. This situation may continue, but workers are aware that the situation can change quickly, leaving them in a labor market where there will be no hiring and more layoffs.

Today’s US dollar price

The table below shows the current percentage change of the United States Dollar (USD) against the major listed currencies. The US dollar was strongest against the Japanese yen.

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USD EUR GBP JPY BOOR AUD NZD CHF
USD -0.27% -0.51% 0.03% -0.40% -1.06% -0.99% -0.30%
EUR 0.27% -0.24% 0.30% -0.13% -0.79% -0.71% -0.03%
GBP 0.51% 0.24% 0.56% 0.11% -0.55% -0.48% 0.21%
JPY -0.03% -0.30% -0.56% -0.42% -1.09% -1.02% -0.33%
BOOR 0.40% 0.13% -0.11% 0.42% -0.67% -0.60% 0.10%
AUD 1.06% 0.79% 0.55% 1.09% 0.67% 0.07% 0.76%
NZD 0.99% 0.71% 0.48% 1.02% 0.60% -0.07% 0.69%
CHF 0.30% 0.03% -0.21% 0.33% -0.10% -0.76% -0.69%

The heat map shows the percentage changes of the major currencies relative to each other. The base currency is selected from the left column and the quote currency from the top row. For example, if you select 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).

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