July 11, 2026
Analysts say Fed guidance will be closely watched for policy clues
The US dollar climbs 0.3 percent to 162.50 yen
A global technology stock sell-off has fuelled demand for safe-haven assets
Markets react strongly to the Fed chair’s communication style during the press conference
Warsh made an immediate imprint in organising a unanimous consensus around a stripped-down policy statement that jettisoned any forward guidance
Bond yields come down after peaking earlier in the week
Fresh economic data is pointing to a new wave of price pressures
