The post Inflation problem is broader than just tariffs appeared on BitcoinEthereumNews.com. Beth Hammack, President of the Federal Reserve (Fed) Bank of ClevelandThe post Inflation problem is broader than just tariffs appeared on BitcoinEthereumNews.com. Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland

Inflation problem is broader than just tariffs

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Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, said that inflation is too high, adding that inflationary pressures are broad-based at the United States (US) Monetary Policy Forum in New York City on Friday.

Key quotes:

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 Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.02% -0.27% 0.14% -0.64% -0.20% -0.04% -0.55%
EUR 0.02% -0.25% 0.16% -0.63% -0.19% -0.03% -0.54%
GBP 0.27% 0.25% 0.42% -0.38% 0.06% 0.22% -0.28%
JPY -0.14% -0.16% -0.42% -0.78% -0.36% -0.21% -0.70%
CAD 0.64% 0.63% 0.38% 0.78% 0.43% 0.59% 0.09%
AUD 0.20% 0.19% -0.06% 0.36% -0.43% 0.15% -0.37%
NZD 0.04% 0.03% -0.22% 0.21% -0.59% -0.15% -0.50%
CHF 0.55% 0.54% 0.28% 0.70% -0.09% 0.37% 0.50%

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).

Source: https://www.fxstreet.com/news/feds-hammack-inflation-problem-is-broader-than-just-tariffs-202603061954

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