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WH Adviser Bernstein: Equally concerned about inflation as before

In an interview with CNN on Friday, White House economic adviser Jared Bernstein said that they are equally concerned about inflation as before.

Bernstein further noted that he is still "very convinced" that inflation will turn out to be transitory. 

Market reaction

These remarks don't seem to be having a noticeable impact on the greenback's performance against its major rivals. As of writing, the US Dollar Index was posting small daily gains at 91.93. Meanwhile, S&P Futures are down 0.4% on the day at 4,210.

AUD/USD looks to be in a rough shape, bearish below 200-DMA at 0.7555 – TDS

This week’s volatility has done some damage to the market’s technical landscape, with AUD/USD looking vulnerable to further declines unless it manages
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Fed's Bullard: Inflation is more intense than expected

In an interview with CNBC on Friday, St. Louis Fed President James Bullard explained that the FOMC's hawkish tilt was due to the fact that the economy
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