Bullard from the US Federal Reserve commented that he supports further interest rate hikes in the US and higher rates overall serve as good protection against inflation. However, Bullard's statement also contained a dovish element as he mentioned being open to considerations during the upcoming FOMC meeting before making specific decisions. According to Bullard, the panic surrounding the banking sector was exaggerated and the recent decline in yields will have a much greater impact on the economy.

Source: xStation %
Economic calendar: US PPI inflation and euro area GDP 📌
Morning wrap (13.05.2026)
BREAKING: Senate gives green light to Warsh. Markets cautious amid concerns
BREAKING: U.S. CPI shows persistent inflation pressure! Dollar Strengthens After Data Release!