Forex
globalreutersMay 22, 20241 Mins read
GBP/USD exposed to downside after hesitant FOMC outlook, surprise UK election announcement
globalreutersMay 22, 20241 Mins read GBP/USD is pulling back from Wednesday’s early gains after the Federal Reserve’s (Fed) latest Meeting Minutes showed the Federal Open Market Committee (FOMC) remains deeply skeptical that inflation will ease to 2% quickly enough to spark rate cuts as soon as investors continue to hope for.
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