Fed Updates April Quarterly Inflation Forecast Higher Than Expected

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Published: 2 hours ago

The Federal Reserve has revised its April quarterly annualized inflation forecast upward, casting uncertainty over recent record highs in U.S. equity markets including the S&P 500 and Nasdaq Composite. Higher inflation expectations could prompt more aggressive Fed policy tightening, strengthening USD across major pairs. Dollar strength typically pressures EUR/USD, GBP/USD, and commodity currencies as rate differential expectations shift.

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