Tag Archives: FED

Easing labour market conditions are expected to encourage the Fed to deliver a third interest rate cut next month, even as progress in lowering inflation has stalled. Markets now see a 76% probability of a 25-basis-point rate cut by the Fed in December. Gold has plunged over $170 following the …

Federal Reserve Bank of Chicago President Austan Goolsbee noted on Friday that markets tend to overreact to interest rate changes and that the Fed should maintain a slow and steady approach to reaching the neutral rate.Key QuotesIn regards to a December rate cut or pause. I don’t like tying our …

Federal Reserve Bank of Boston President Susan Collins hit the wires on Friday, downplaying pressures for continued rate cuts in the near term, but also keeping a steady hand underneath market expectations of a rate trim in December.Key QuotesThere’s no preset path for monetary policy.The economy is in a very …

The US dollar surged on Wednesday, fueled by hawkish comments from Dallas Fed President Lorie Logan. Logan’s cautious tone regarding a potential December rate cut dampened market expectations, bolstering the Greenback.The US dollar remains a strong currency, and its recent surge underscores the market’s growing concern about potential inflationary pressures …

Headline inflation in the United States rose in October as anticipated, according to the Labor Department, drawing the attention of the Federal Reserve as it prepares for a pivotal policy meeting next month. The consumer price index (CPI), a primary measure of price growth in the U.S., increased by 2.6% …

UK stock indexes slipped slightly on Wednesday as investors awaited key U.S. inflation data, which is expected to influence the direction of monetary policy. By 11:46 GMT, the FTSE 100 had edged down 0.1%, while the FTSE 250 index of midcap companies dropped 0.2%. Global markets remained subdued ahead of …

Dollar Strengthens Ahead of Key Data The US Dollar extended its rally on Wednesday, reaching a six-month high as investors remained optimistic about the “Trump trade.” The upcoming release of crucial US economic data, particularly the Inflation Rate, is set to be a major market mover. Key Developments:US Dollar Index …

Gold prices have experienced a sharp decline, falling below the crucial $2,600 level, as the US Dollar strengthens and Treasury yields rise. This downward trend is primarily driven by a combination of factors, including a less dovish Federal Reserve, escalating geopolitical tensions, and a shift in investor sentiment.A Strengthening Dollar …

Federal Reserve Bank of Minneapolis President Neel Kashkari noted on Tuesday that while the Fed has many reasons to feel confident about its long-running battle with transitory inflation, it still may be too soon to declare outright victory. Key US Consumer Price Index (CPI) figures expected in the midweek are …

Last week marked pivotal to financial markets because of the US presidential election results and the Federal Reserve’s interest rate decision. This confluence of events has the potential to significantly shape the trajectory of global asset prices and market trends for years to come. Given the far-reaching political and economic …