The Monetary Policy Report is submitted semiannually to the Senate Committee on Banking, Housing, and Urban Affairs and to the House Committee on Financial Services. It was just released.
In a repeat from the FOMC, it said policy is “well-positioned", with inflation still “somewhat elevated” but growth wobbling.
Market liquidity has improved but remains highly sensitive to trade-policy headlines
Treasury trading stayed orderly in early April, yet depth fell back to early-2023 lows
New tariffs have dented household and business confidence
Financial stability judged “resilient” despite heightened uncertainty
Tariff impact not yet visible in hard data; still too early for a full read-through
Inflation remains “somewhat elevated,” while the labour market is still in solid shape
This article was written by Adam Button at www.forexlive.com. Read More Details
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