As a reminder, below are some of the comments from Fed;s Schmid on January 9
- Interest rate policy may be 'near' where it needs to be for the longer run
- Fed is 'pretty close' to meeting both its mandates
- Inflation moving towards target, growth showing momentum
- Jobs market weaker but still healthy
- Optimistic over growth and hiring prospects
- Optimistic inflation pressures will continue to ease
Splits the difference between the hawks and the doves.
