Eamonn Sheridan: Federal Reserve hawkish shift narrows Waller's room for rate cuts
ChainCatcher news, according to Golden Ten Data, analyst Eamonn Sheridan pointed out that the minutes of the US Federal Reserve's April meeting show a clear shift in stance, with language emphasizing a "flexible and swift" response based on economic data replaced by new wording. Persistently high inflation and uncertainties from the Iran conflict may mean that policy needs to remain on hold for a longer period.
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