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Back Fundamental analysis
The euro and the pound did not react to the statements of the Fed chairman
Federal Reserve Chairman Jerome Powell stated
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Federal Reserve Chairman Jerome Powell stated yesterday that economic data for the second quarter has given policymakers more confidence that inflation will soon reach the central bank's 2% target, which could pave the way for interest rate cuts in the short term.Powell noted the progress of recent inflation figures but made it clear that he is not prepared to make any specific promises about the timing of rate cuts. The Fed Chairman also reminded us of the potential risks to
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Jakub Novak,
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