FedIMPORTANT

Fed's Daly (2027 Voter) says main take away from FOMC is everyone agreed to keep rates unchanged, how statement is worded matters less than what the FOMC actually does

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No signs of rising long-term inflation expectations. Monetary policy is “slightly restrictive” and would put downward pressure on inflation should the US war in Iran resolve. The labour market is stable and isn’t creating inflationary pressures.

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