@basilel
According to Odaily, Pepperstone strategist Michael Brown has indicated in a report that the monthly overall inflation data in the United States no longer exerts a significant impact on the markets as it did earlier in the current cycle. This shift is attributed to the Federal Reserve's confidence in inflation progressing towards the 2% target on a sustainable basis over the medium term. Consequently, the Federal Reserve has shifted its focus, making developments in the labor market a key driver for future policy changes.
0 reply
0 recast
0 reaction