Fed’s Goolsbee: We have an inflation problem in this country

Agustin Wazne FXStreet

Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that the April United States (US) Consumer Price Index (CPI) report was worse than they expected in comments reported by Reuters on Tuesday.

Key takeaways:

The April CPI report was worse than expected.

The worst part of April CPI is services inflation.

We have an inflation problem in this country.”

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 British Pound.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.46%	0.68%	0.25%	0.27%	0.36%	0.30%	0.51%
EUR	-0.46%		0.21%	-0.17%	-0.22%	-0.11%	-0.18%	0.05%
GBP	-0.68%	-0.21%		-0.40%	-0.44%	-0.33%	-0.38%	-0.16%
JPY	-0.25%	0.17%	0.40%		-0.02%	0.07%	0.03%	0.23%
CAD	-0.27%	0.22%	0.44%	0.02%		0.09%	0.04%	0.24%
AUD	-0.36%	0.11%	0.33%	-0.07%	-0.09%		-0.04%	0.16%
NZD	-0.30%	0.18%	0.38%	-0.03%	-0.04%	0.04%		0.20%
CHF	-0.51%	-0.05%	0.16%	-0.23%	-0.24%	-0.16%	-0.20%

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.

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