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Breaking Posted 5 hours ago

Fed's Kashkari signals shift to no forward guidance approach

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Fed official Neel Kashkari indicated the central bank is moving away from forward guidance and will assess how this policy change affects markets. The shift signals greater uncertainty about future rate paths, potentially increasing USD volatility as traders lose explicit Fed communication on monetary policy direction.
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@asuquokelvin · 5 hours ago

The Fed basically said, "Figure it out from the data." Traders just lost their favorite cheat sheet, so expect a little more drama.

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