1Q inflation disappoints, Fed maintains steady rates, considers targeted liquidity adjustments.
Fed Governor Barr states Q1 inflation was disappointing, not providing confidence for policy easing. The Fed is expected to maintain steady rates, with regulators considering targeted adjustments to liquidity rules for larger banks. Barr emphasizes the importance of managing inflation and employment risks with a cautious yet prudent approach. The US Dollar Index slightly increases due to these statements.
May 20, 2024
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