FOMC Summary: Fed Reconsiders Rate Cuts as Inflation Concerns Re-emerge

View this email online. Visit us: Fed Reconsiders Rate Cuts as Inflation Concerns Re-emerge Federal reserve members were allowed the opportunity to revise their individual interest rate outlooks after May’s inflation data was released just hours before the two-day meeting was due to conclude on Wednesday. READ MORE Trading Forex at the News Release  Trading forex news releases requires a tremendous amount of composure, preparation and a well-defined strategy.  READ MORE Euro Latest The Euro is giving back some of Wednesday’s US CPI-inspired gains after the US dollar got a bid later in the session after the Fed trimmed US interest rate expectations.  READ MORE Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2024 IG