Tuesday, May 21, 2024

USD/JPY Forecast: Fed Cautious Despite Cooling Inflation

The dollar fell last week after the US released April’s consumer inflation figures. Fed’s Thomas Barkin warned that inflation was still not where it should be. Japan’s economy contracted more than expected in Q1. The USD/JPY forecast looks bullish, with the dollar holding steady as Fed policymakers adopt a cautious stance despite the recent dip...


The post USD/JPY Forecast: Fed Cautious Despite Cooling Inflation appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/20/usd-jpy-forecast-fed-cautious-despite-cooling-inflation/?utm_source=dlvr.it&utm_medium=blogger

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