that disinflation has begun but warned Friday's eye-popping jobs report showed why the battle against inflation will "take quite a bit of time."
Aggressive rate increases by the Fed and other central banks last year to tame inflation had hurt shares and boosted the dollar, but those trends have reversed this year on signs that inflation had begun to slacken, raising hopes of rate cuts towards the end of this year. "The dollar selling also reflected what Powell didn’t say," said MUFG FX analysts in a morning note to clients.
どっちかと言えばタカ派だった気がする
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