Fed's Semi-Annual Monetary Policy Report: U.S. Inflation Slows Significantly, But Remains High
The Federal Reserve released its semiannual monetary report that U.S. inflation is clearly inflationary, but still high, the labor market is still relatively tight; demand is shrinking, the supply trend is rising. 2023 wage growth is weak, but still high in line with the 2% inflation expectations. Risks to the actual target are equalizing; the Fed remains highly concerned about inflation risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.
The National Bank of Kazakhstan plans to invest up to $300 million in cryptocurrencies
Trending news
MoreCrypto prices
More
