Federal Reserve Semiannual Report: Labor Market Remained Generally Stable, Some Inflation Indicators Slightly Lower

BlockBeats News, July 10th - The Federal Reserve's semiannual monetary policy report stated that the U.S. labor market remains generally stable, with some inflation indicators, including trimmed mean measures, edging down. Bank reserve levels remain "ample" as a result of reserve management purchase operations. Long-term inflation expectations are "broadly consistent" with the 2% target. Investment in AI-related data centers is driving robust factory output, and U.S. productive capacity is increasing at a "solid pace."