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Fed Chair, Jerome Powell, delivered the semi-annual monetary policy report before Congress this week. The overriding theme was one of caution, with the Fed remaining focused on the data and wary of reigniting inflation with a premature rate cut. The market was relatively unmoved by the report, but a softer-than-expected US inflation print on Thursday helped to push shares higher and Treasury yields lower. Read our full overview of the Fed monetary policy report in our weekly market wrap: https://bit.ly/3Lofefr #PeregrineWeeklyWrap #Fed #Economy #LabourMarkets

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