Fed Vice Chair Lael Brainard said in a speech yesterday, “even with the recent moderation, inflation remains high, and policy will need to be sufficiently restrictive for some time to make sure inflation returns to 2 percent on a sustained basis.” “The FOMC moved policy into restrictive territory at a rapid pace and subsequently downshifted […]
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GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…