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The FOMC's voting members this year warned: The usa is now very susceptible to inflation shocks!
Barkin said he does not want to "prejudge the situation in December," but added that the upcoming interest rate decision will depend on the data.
Fading Fed Expectations Are Supportive – Scotiabank
US Dollar Flattens After Fed's Williams Delivers Dovish Comments
South Korea's Producer Prices Cool, Signaling Potential for Further Rate Cuts
A potential 'fateful showdown' between Trump and the Federal Reserve! Top economists issue a warning!
Former IMF chief economist Blanchard said that Trump's economic policies may lead to an overheated economy and high inflation, forcing the Fed to raise interest rates again. The three pillars of Trump's economic plan, tariffs, immigration policy, and tax cuts, may all cause inflation to rise. As a result, the Fed may raise interest rates again, strengthen the dollar, which is not what Trump hopes for.
USD: Dollar Holds Gains – ING