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Posted 2 hours ago
Fed report: spring inflation rises, labor market stable
The Federal Reserve reports inflation accelerated in spring despite already-elevated levels, while the labor market remains broadly stable with solid nominal wage growth offset by strong productivity gains. Economic activity expands solidly despite Iran war uncertainty. USD likely strengthens on higher inflation expectations and hawkish policy implications.
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2 hours ago
Fed Reports Inflation Elevated; Tariffs, Middle East, AI Cited
The Federal Reserve's monetary policy report confirms inflation remains elevated, driven by tariffs, Middle East-related factors, and AI-related supply pressures. This reasserts hawkish inflation concerns and suggests the Fed may maintain restrictive policy longer, supporting USD strength against risk currencies and potentially limiting rate-cut expectations.
https://x.com/FirstSquawk/status/2075596288037646636New to MyTradingLand?
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