FOMC Minutes: concerns over persistent services inflation linger as labor market holds firm
Latest minutes indicate a consensus that while goods inflation has moderated, services remain sticky enough to delay any clear path to 2% targets.
AI scorer breakdown
3 modelsSticky services CPI + firm labor language reads hawkish vs. dovish market positioning. Bullish USD, bearish duration.
Minutes tilt hawkish; participants flag asymmetric inflation risks. Supports stronger DXY, pressures gold.
Forward language consistent with 'higher-for-longer'. Equity risk-off, USD bid, 10Y yield up.