The Fed takes its price stability mandate very seriously, says Fed Governor Warsh. He doesn’t mention the full-employment mandate, so we can only presume they take that one less seriously…
He does not sound eager for the Congress to take up the debate over the Fed’s dual mandate saying it could take oxygen away from more pressing matters.
EUR/USD eying a newly drawn downtrend on the hourly charts at the 1.3649 level, trading now at 1.3632.
