Recent economic news and headlines have been dominated by data and concerns related to US inflation. The negative surprise of the US CPI in May caused the US dollar to rapidly revert its recent positive trend, although the hawkish stance taken by the Federal Reserve helped the USD Index (DXY) …

Fed Chairman Jerome Powell noted that the revised forecast is a conservative approach and left open the possibility of additional rate reduction. Federal Reserve officials released a startling change to their estimates for the number of interest rate cuts this year.Following the two-day monetary policy meeting in Washington on Wednesday, …

Following the Federal Open Market Committee’s (FOMC) modification of its interest rate estimates, which were more hawkish than anticipated, the US Dollar Index observed an upward trend on Wednesday. After the Consumer Price Index (CPI) fell to a low of 104.30 in May due to lower-than-expected data, the dollar recovered …

The S&P 500 and Nasdaq reached record closing highs for a third consecutive day on Wednesday, following softer inflation data. However, the indexes ended off the day’s highs as the Federal Reserve projected only one interest rate cut this year. Fed’s March projections included three quarter-percentage-point reductions. Stocks were choppy …

On Wednesday, WTI started to rise and peaked at about $79 per barrel. This came after May’s consumer price increases were less rapid than anticipated, according to positive inflation data. This raised expectations that the Federal Reserve (Fed) will lower interest rates in September.Those expectations were short-lived, though, as Fed …

The US Federal Reserve (Fed) announced on Wednesday that it left the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% following the June policy meeting. This decision came in line with the market expectation. Fed will release the revised Summary of Economic Projections (SEP), the so-called dot …

The Federal Reserve is split on the path for rates, and this uncertainty cools the enthusiasm after the soft CPI which triggered a big rally. Interest rates have a critical role in moving financial markets, and the US Federal Reserve (Fed) is the most influential central bank. The Fed announces …

Gold surged after the release of US CPI data, which showed price rises slowing in May. This suggests that the Federal Reserve may cut interest rates sooner than expected, lowering the opportunity cost of holding Gold. Gold could experience more volatility after the Fed policy decision is announced on Wednesday. …

Amid uncertainty surrounding interest rate cut forecast for the remainder of this year, the Fed meets for two days to discuss monetary policy. When this meeting ends on Wednesday, June 12, traders, analysts, and investors look forward to the decisions made there in hope of learning additional signals on the …

As sellers gain strength, the AUD/USD pair navigates through uneven trading. This week’s US inflation data and Fed dot plot are the main topics of interest. Mixed NAB business survey results are released by Australia. The AUD/USD pair’s performance was uneven, with some bearish pressure and a sticky range around …