Federal Reserve policymakers have indicated that a series of interest rate cuts is likely in the coming months, citing the ongoing decline in inflation and a resilient job market. However, several officials have also expressed caution, suggesting that the pace of these cuts may need to be adjusted based on …
Read More »Explainer: Inflation Data Sparks Debate on Fed Rate Path
The Federal Reserve, tasked with maintaining price stability and promoting economic growth, faces a delicate balancing act in its monetary policy decisions. The recent release of inflation data has once again highlighted the complexities of this task.Inflation, the sustained increase in the general price level of goods and services over …
Read More »U.S. Stock Futures Fall as Inflation Data Exceeds Expectations, Signaling Fewer Rate Cuts
Stock index futures extended their decline on Thursday after U.S. inflation data for September came in higher than anticipated, raising concerns that the Federal Reserve may implement fewer interest rate cuts later this year. A report from the Labor Department revealed that the Consumer Price Index (CPI) rose 2.4% annually …
Read More »US Headline Inflation Slows in September but Remains Above Expectations, Posing Challenge for Fed
Inflation in the U.S. eased on an annual basis in September, though it still surpassed economists’ forecasts, potentially complicating the Federal Reserve’s decision on future interest rate cuts. The Consumer Price Index (CPI), a key measure of headline inflation, slowed to 2.4% year-over-year, down from 2.5% in August, but higher …
Read More »Market Drivers; US Session
The US Dollar continued its upward trajectory, reaching new multi-week highs. This surge was primarily driven by rising interest rates and growing speculation that the Federal Reserve might implement a 25 basis point interest rate cut in November. These developments occurred ahead of the highly anticipated release of the US …
Read More »Markets Rally as FOMC Minutes Hint at More Rate Cuts
Global stock markets and U.S. Treasury yields rose on Wednesday, following the release of minutes from the Federal Reserve’s September meeting. These minutes indicated that a “substantial majority” of Fed officials supported a larger-than-usual half-point rate cut to initiate a period of easier monetary policy. However, there was also a …
Read More »U.S. Stock Futures Dip Ahead of Fed Signals
U.S. stock index futures edged lower early Wednesday, with Dow Jones Futures down 42 points (0.1%), S&P 500 Futures falling 7 points (0.1%), and Nasdaq 100 Futures slipping 40 points (0.2%). This follows Tuesday’s gains, driven by a surge in technology stocks, notably Nvidia, which rose 4%. Key Developments: Fed …
Read More »Dollar steadies while investors await drivers in CPI data
The Dollar Index remains neutral on Tuesday near the key 103.00 level. Fed officials remain cautious about easing policy too much, too soon. CPI figures on Thursday will be key for DXY movement.The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, …
Read More »Dollar Eases from Seven-Week Highs as Rate Cut Outlook Shifts
The U.S. dollar eased slightly on Tuesday from near seven-week highs against major currencies, as investors reassessed the outlook for U.S. interest rate cuts. Geopolitical tensions in the Middle East, however, continued to support the dollar’s appeal as a safe-haven asset. The euro gained 0.2%, trading at $1.0992, after reaching …
Read More »DXY Seen Softer Ahead of FOMC Minutes
The US Dollar Index, which measures the value of the USD against a basket of currencies, witnessed a calm Monday session with mild losses, holding steady despite elevated levels near last week’s highs. Amidst ongoing Middle East tensions, market participants await key events this week, including the release of the …
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