Someone trying to bring the dollar up? The Fed? Would be interesting to find out whom. Seems bullish for PMs but focusing on charts is safer.
Minutes of the May 1 meeting released Wednesday showed that officials also debated whether their key rate was exerting enough of a drag on the economy to further slow inflation. Many officials noted that they were uncertain how restrictive the Fed’s rate policies are, the minutes said. That suggests that it wasn’t clear to the policymakers whether they were doing enough to restrain price growth.
Not enough pain for the economy to pay for their mistakes. Cry me a river.