Fed's George: Do not dismiss risk of higher inflation

Federal Reserve’s George said that it is hard to distinguish between one-off 'bottlenecks' and broad lack of capacity 

Geroge says:

''Do not dismiss risk of higher inflation.''
''Fed should not be 'rigid' in approach to policy, or lose sight of possible changes to the economy as it reopens.''

AUD/USD stays firmer around mid-0.7700s amid upbeat sentiment

AUD/USD seesaws around 0.7750, after an upbeat start to the week, during the early Tuesday morning in Asia. The risk-barometer pair cheered welcome pe
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Wall Street Close: Bulls cheer Treasury yields retreat

US equities marked a welcome start to the week by the end of Monday’s North American session as downbeat US data and Fed comments weighed on Treasury
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