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U.S. ECONOMICS: Fed Ignores Market Volatility - Andrew Wilkinson at Interactive Brokers

Andrew Wilkinson, Chief Market Analyst at Interactive Brokers, says the latest Fed statement failed to make any reference to more recent emerging market instability nor the counter-inflation measures currently put in place in India, Turkey and South Africa. At the same time, he notes, the Fed recognized that "inflation persistently below its 2% objective could pose risks to economic performance." According to Wilkinson, the Fed failed to change its view on the improving health of the U.S. economy while recognizing that "labor market indicators were mixed but on balance showed further improvement."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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