USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three rate cuts for 2024 and the economic projections were upgraded with growth and inflation higher and the unemployment rate lower.Fed Chair Powell maintained a neutral stance as he said that it was premature to react to the recent inflation data given possible bumps on the way to their 2% target. The US CPI beat expectations for the third consecutive month.The US NFP beat expectations across the board although the average hourly earnings came in line with forecasts.The US ISM Manufacturing PMI beat expectations by a big margin with the prices compon
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