ARTIGOS POPULARES

In a speech delivered before a gathering at the American Enterprise Institute in Washington, St. Louis Federal Reserve President Alberto Musalem said that the monetary policy is well-positioned and that it should hold in place for some time, per Reuters.
Key takeaways
"War shocks have increased risks to economy, inflation."
"Can see scenarios to both raise and cut interest rates."
"Monetary policy currently at low end of neutral range."
"Supply shocks carry greater inflation risks in current environment."
"Cautious about looking through impact of energy shock."
"Tariffs are still an inflation driver, but impact should wane."
"Economic outlook is highly uncertain."
"Baseline case sees good growth, moderating inflation, stable unemployment."
"Seeing unfavorable risks for both inflation and jobs."
"Financial conditions are broadly accommodative."
"Not seeing broad stress from private credit issues."
Market reaction
The US Dollar (USD) remains under selling pressure following these comments. At the time of press, the USD Index was down 0.38% on the day at 99.48.













