Fed Monetary Policy Report: Inflation remains elevated, driven by tariffs and factors relating to the Middle East & AI
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Fed Monetary Policy Report: Inflation remains elevated, driven by tariffs and factors relating to the Middle East & AI
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- Strong inflation ticked up into the Spring. Long-term inflation expectations are "broadly consistent" with the 2% target.
- Labour market broadly stable.
- Solid nominal wage growth, joined by "strong" gains in productivity.
- Some private credit vehicles face notable increases in redemption requests in Q1. Reflecting some defaults and concerns around asset quality.
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