The post Prudent to keep rates on hold as AI and geopolitical risks cloud outlook appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Richmond PresidentThe post Prudent to keep rates on hold as AI and geopolitical risks cloud outlook appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Richmond President

Prudent to keep rates on hold as AI and geopolitical risks cloud outlook

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Federal Reserve (Fed) Richmond President Thomas Barkin said on Friday that it is prudent to keep interest rates steady for now, as policymakers await greater clarity on the economic outlook. His remarks highlighted rising uncertainty from geopolitical tensions, evolving inflation risks and rapid changes driven by artificial intelligence.

Additional 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 Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.05% 0.11% 0.03% 0.09% -0.04% 0.03% 0.24%
EUR 0.05% 0.16% 0.09% 0.14% 0.00% 0.09% 0.29%
GBP -0.11% -0.16% -0.06% -0.02% -0.16% -0.08% 0.13%
JPY -0.03% -0.09% 0.06% 0.07% -0.08% -0.01% 0.22%
CAD -0.09% -0.14% 0.02% -0.07% -0.14% -0.05% 0.15%
AUD 0.04% -0.01% 0.16% 0.08% 0.14% 0.08% 0.28%
NZD -0.03% -0.09% 0.08% 0.00% 0.05% -0.08% 0.21%
CHF -0.24% -0.29% -0.13% -0.22% -0.15% -0.28% -0.21%

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-barkin-prudent-to-keep-rates-on-hold-as-ai-and-geopolitical-risks-cloud-outlook-202603271549

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