Fed’s Bostic: Fed Chair job is a very large job
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that no one is projecting a worsening of the labor market and that by midyear, the economy will have reached an equilibrium, at the Rotary Club of Atlanta on Monday.
Key takeaways
US economy looks resilient even before accounting for tax bill breaks, deregulation.
The outlook for 1h of 2026 is for strong economic performance, inflation to stay high and a source of concern.
No one is projecting worsening of labor market.
By midyear, will have reached an equilibrium with economy.
Fed chair job is a very large job.
To have policy go in a direction you want, have to build trust with the committee, show wisdom, guidance.
It's a huge undertaking for Warsh, i wish him the best.
He's got a tall task. not through with inflation from tariffs.
It is premature to say inflation job is done.”
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.57% | 0.21% | 0.59% | 0.60% | 0.32% | 0.42% | 0.97% | |
| EUR | -0.57% | -0.35% | 0.02% | 0.04% | -0.25% | -0.15% | 0.40% | |
| GBP | -0.21% | 0.35% | 0.38% | 0.40% | 0.11% | 0.21% | 0.76% | |
| JPY | -0.59% | -0.02% | -0.38% | 0.02% | -0.27% | -0.16% | 0.38% | |
| CAD | -0.60% | -0.04% | -0.40% | -0.02% | -0.28% | -0.18% | 0.36% | |
| AUD | -0.32% | 0.25% | -0.11% | 0.27% | 0.28% | 0.09% | 0.65% | |
| NZD | -0.42% | 0.15% | -0.21% | 0.16% | 0.18% | -0.09% | 0.56% | |
| CHF | -0.97% | -0.40% | -0.76% | -0.38% | -0.36% | -0.65% | -0.56% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick 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).
Author
Agustin Wazne
FXStreet
Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.
