⚡️Powell acknowledged that the economic landscape is more favorable today than it was a year ago. However, he emphasized that the US central bank is ready to raise interest rates if needed, noting that a growing economy will come with the risk of rapid inflation again.
⚡️The Bloomberg Dollar Spot Index rose 0.2 percent to its highest level since early June as investors took cues of the Fed's future steps. USD rose against every currency in the G10, pushing EUR to all-time lows.
⚡️The Japanese Yen is currently at its lowest level this year. continues to need support from the central bank
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