Fed’s Paulson: Cautiously optimistic on inflation moving back to target
By Agustin Wazne
Date Published: 14 Jan 2026 | Date Modified: 14 Jan 2026
POPULAR ARTICLES
President of the Federal Reserve (Fed) Bank of Philadelphia Anna Paulson said on Wednesday that she sees further rate cuts later this year if the forecast meets their expectations.
President of the Federal Reserve (Fed) Bank of Philadelphia Anna Paulson said on Wednesday that she sees further rate cuts later this year if the forecast meets their expectations. In a speech at the Chamber of Commerce for Greater Philadelphia, Paulson added that inflation should be around 2% by year-end.
Key takeaways
Sees further rate cuts later this year if forecast met.
Inflation should be around 2% run rate by year end.
Monetary policy ISA little restrictive right now.
cautiously optimistic on inflation moving back to target.
Baseline economic outlook is pretty benign.
In 2026, I'm seeking greater clarity on what's driving the job market.
The US is likely to grow around 2% this year.
In 2026, expects inflation to moderate, job market to stabilise.
Not everyone is doing great in the US economy right now.
The job market is bending but not breaking right now.”
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 Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.08% | -0.18% | -0.54% | -0.03% | 0.01% | -0.12% | -0.12% | |
| EUR | 0.08% | -0.11% | -0.44% | 0.05% | 0.09% | -0.04% | -0.04% | |
| GBP | 0.18% | 0.11% | -0.34% | 0.16% | 0.20% | 0.07% | 0.07% | |
| JPY | 0.54% | 0.44% | 0.34% | 0.51% | 0.55% | 0.41% | 0.42% | |
| CAD | 0.03% | -0.05% | -0.16% | -0.51% | 0.05% | -0.09% | -0.09% | |
| AUD | -0.01% | -0.09% | -0.20% | -0.55% | -0.05% | -0.13% | -0.13% | |
| NZD | 0.12% | 0.04% | -0.07% | -0.41% | 0.09% | 0.13% | 0.00% | |
| CHF | 0.12% | 0.04% | -0.07% | -0.42% | 0.09% | 0.13% | -0.00% |
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).
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
