KM Financial Solutions | UPDATE 2-Fed’s Quarles: Fed watching data but will not react to “every wavering”
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UPDATE 2-Fed’s Quarles: Fed watching data but will not react to “every wavering”

UPDATE 2-Fed’s Quarles: Fed watching data but will not react to “every wavering”

Federal Reserve vice chairman
Randal Quarles said the Fed’s increasing “data dependence” does
not mean it will react to every rise or fall in economic
statistics or markets, but only to “significant changes in
direction.”

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