United States Dallas Fed Manufacturing Business Index declined to -0.2 in March from previous 0.2

USD: Gradual depreciation outlook – BNP Paribas

BNP Paribas analysts expect the US economy to grow above potential in 2026, with GDP at 2.7% and inflation at 3.1%, keeping the Federal Reserve on hold with the Fed Funds target range at 3.5%-3.75%.
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Fed’s Miran: Inflation is heading back to target a year from now

Stephen Miran, a member of the Federal Reserve (Fed), said that inflation expectations have not been affected yet by higher Oil prices. He told CNBC on Monday that he is still concerned about the labor market, even though the Fed can accommodate that.
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