Federal Reserve Semiannual Policy Report: Tariffs and Middle East Conflict Raise Inflation, AI Becomes Double-Edged Sword.

On Friday local time, the Federal Reserve published its semiannual monetary policy report submitted to Congress on its official website, reiterating the Federal Open Market Committee's (FOMC) determination to achieve price stability and cautioning against dual inflationary pressures from energy and AI. Market focus will be on Federal Reserve Chairman Kevin Wash's statements at the upcoming congressional hearing next week in his capacity as Federal Reserve Chairman.