Economy

Price of the dollar today, June 29: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

The US dollar dawns with a slight rise once morest other currencies as the foreign exchange market operates cautiously while waiting for the revelation of more information regarding the future of the monetary policy of the main economies of the world.

Currently, a forum organized by the European Central Bank (ECB) is being carried out, in which they will have the participation of thethe head of the ECB, Christine Lagarde, and the president of the United States Federal Reserve (Fed), Jerome Powell.

So far in the forum, the president of the Cleveland Fed, Loretta Mester, expressed that, with high inflation, there is a risk of “a de-anchoring of expectations”, according to information collected by Millennium News, while Powell pointed out that the US economy is strong and can withstand monetary policy moves.

“The landing is soft, it is possible, but it will be very difficult.”, stated the President of the Fed, during his participation in the forum.

*FED’S POWELL SAYS US ECONOMY IN STRONG SHAPE

*POWELL SAYS ECONOMY CAN WITHSTAND MONETARY POLICY MOVES

*POWELL: SOFT LANDING IS POSSIBLE BUT WILL BE QUITE CHALLENGING

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— Investing.com (@Investingcom) June 29, 2022

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