The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Due to high uncertainty about the net effect of an array of government policies on the economic outlook, the minutes of the Federal Reserve's latest monetary policy revealed officials believe it remains appropriate to take a "cautious approach" to future interest rate decisions.
The minutes also reiterated recent comments from Fed Chair Jerome Powell calling the central bank "well positioned" to wait for more clarity on the outlook for inflation and economic activity.
"A restrictive policy could be maintained for longer if inflation were to remain elevated, and policy could be eased if labor market conditions were to deteriorate or economic activity were to weaken," the minutes said.
The Fed added, "Some participants observed, however, that the Committee may face difficult tradeoffs if inflation proved to be more persistent while the outlook for growth and employment weakened."
Notably, the Fed's March 18-19 meeting, when the central bank decided to once again leave rates unchanged, took place weeks before President Donald Trump's announcement of "reciprocal tariffs" on U.S. trade partners.
The Fed said a majority of participants noted the potential for inflationary effects arising from various factors, including Trump's tariffs, to be more persistent than they projected.
The minutes highlighted increased uncertainty around the economic outlook, noting all participants viewed risks to inflation as tilted to the upside and risks to employment as tilted to the downside.
The Fed's next monetary policy meeting is scheduled for May 6-7, with CME Group's FedWatch Tool currently indicating an 84.1 percent chance the central bank will once again leave interest rates unchanged.
