US Dollar Down, Vol Down, Stocks Up After May FOMC Minutes
US Dollar Outlook: No surprises from the May FOMC minutes – including no mentions of ‘stagflation’ or ‘recession’ – come as a welcomed development. The FOMC sees a strong US labor market, while inflation pressures will ease to +4.3% y/y by the end of 2022 and +2.5% y/y by the end of 2023. According to …
US Dollar Down, Vol Down, Stocks Up After May FOMC Minutes Read More »