Fed's Schmid: AI Is Now a Major Driver of Inflation
Federal Reserve official Schmid identified artificial intelligence as one of the largest inflation drivers, adding a new dimension to the PCE narrative traders watch for Fed policy direction. This commentary feeds into expectations around the central bank's reaction function as labour and demand data signal a mixed growth picture ahead...
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
| ✅No. of FCA Licensed Forex Brokers in UK | 15+ |
| 💰Average OTC FX Turnover for UK 2022 (BIS Survery) | 3.755 Trillion USD |