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Fed Minutes Continue to Underscore Fed’s Data Dependent Approach

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The minutes from the April 30-May 1, 2024 Federal Open Market Committee (FOMC) interest rate announcement acknowledged the recent lack of progress in curtailing inflation and continued to highlight the upside risks to the inflation outlook. Specifically, Committee members noted that, “the recent increases in inflation had been relatively broad based and therefore should not […]

The post Fed Minutes Continue to Underscore Fed’s Data Dependent Approach appeared first on Action Forex.

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