The Federal Reserve signals dovish stance: Weak employment may require more policy support

On March 26, Federal Reserve Governor Milan stated:

The U.S. labor market has shown a continuous trend of weakening

The U.S. economy still needs more support from monetary policy

He believes that rising oil prices will not significantly affect inflation expectations in the near future

In simple terms:

Employment is cooling, and the internal attitude of the Federal Reserve is leaning towards "easing".

Such statements often do not immediately reflect in prices,

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