- Fed to make balance approach on jobs and inflation.
- Job market improving although progress is too slow.
- Higher unemployment mostly cyclical and not structural.
- Inflation and jobs thresholds aren't policy triggers.
Reaction details (13:12)
- In immediate reaction to the comments, EUR/USD moved 15 pips higher from 1.3407 to 1.3422.
- T-notes moved 1 tick higher from 131.21 to 131.22.
11 Feb 2013 - 13:00 - Fixed Income Bank Speaker - Source: Newswires
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