*In the early US session on May 21, stocks and gold wobbled as Iran may
or may not agree to transfer the ‘nuclear dust’ to any third country.*
· *Overall, FOMC minutes show the Fed is quite hawkish on inflation and
growth while moderately dovish on employment.*
· *Theoretically, the Fed has to bring down both the inflation and the
unemployment rate by around 100 and 50 bps for its dual mandate, and
thus it has to maintain the present neutral stance rather than a
restrictive or accommodative one.*
*https://wallstreetjpg.blogspot.com/2026/05/april-fomc-minutes-show-fed-may-be-in.html
*
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