Part of Powell’s Analysis Allows Market to Consider a Less Hawkish Interpretation

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Markets The Fed cut its policy rate for the third consecutive meeting by 25 bps yesterday to 3.5%-3.75%. The Fed still has to balance a weakening labour market against somewhat elevated inflation. There was again no consensus within the FOMC on how to address these opposing factors, as one member (Stephen Miran) voted for a […]The post Part of Powell’s Analysis Allows Market to Consider a Less Hawkish Interpretation appeared first on ActionForex.