Fed’s Miran: Inflation is coming down

💡 DMK Insight

Fed governor Miran’s comments on inflation and rate cuts are crucial for traders right now. With inflation reportedly decreasing, traders should consider how this could impact interest rate expectations. If the Fed maintains its current course on rate cuts, it could lead to a weaker dollar, which often benefits commodities and crypto assets. Watch for correlations with gold and Bitcoin, as both tend to react positively to a dovish Fed stance. On the flip side, if inflation doesn’t decrease as expected, we could see a sudden shift in sentiment, leading to volatility. Keep an eye on key economic indicators like CPI and PCE in the coming weeks, as these will provide clearer signals on whether the Fed’s strategy is effective. The immediate focus should be on how these comments influence market sentiment and positioning, especially for those trading forex pairs involving the dollar or looking at commodity plays.