By: (firstname.lastname@example.org; @JamesGlynnWSJ
1936 ET – Behind the dollar’s biggest drop in 8 months Wednesday is the Fed no longer so sure that low inflation will take care of itself. Yellen raised questions in a Tuesday night New York appearance about what she and others have long professed to be low prices’ transitory nature. That was also mentioned in Wednesday’s FOMC meeting minutes. Oanda APAC Head of Trading Stephen Innes says the comments mean the “board’s ship is listing” towards inflation concerns–or the lack thereof to be more specific
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