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Fundamental Analysis Posted 2 hours ago

Fed Vice Chair: Inflation Trends Trump Current Readings in Rate Setting

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Fed Vice Chair signals that forward inflation momentum, not today's headline figures, will guide policy decisions. This clarifies the central bank's reaction function amid slowing wage growth, weakening retail demand, and rising jobless claims—suggesting the Fed may tolerate near-term inflation readings if trends point lower. USD vulnerable if markets reprice rate-cut odds upward.
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