Tag Archives: FED

The yield curve inversion between the 2-year and 10-year Treasury notes deepened to its widest level in four decades. The spread between the 2-year and 10-year extended to a mark of -66 basis points early Thursday, marking the deepest inversion since 1982.In early market action, the 10Y was up 9 …

The S&P 500 fell on Thursday and US bond yields jumped as Fed officials signaled their rate-hiking campaign to slow inflation is not over.The Dow Jones Industrial Average was little changed, after falling as much as 314 points in the session. The S&P 500 slipped 0.25%, while the Nasdaq Composite …

St. Louis Federal Reserve President James Bullard said on Thursday that a minimum level for a restrictive Federal Reserve (Fed) policy rate would be 5% to 5.25%, as reported by Reuters.The US Dollar Index edged slightly lower in the last hour but it was still up 0.6% at 106.90 at …

Gold prices stabilized on Thursday as demand for the precious metal declined due to the latest geopolitical concerns, while hopes that the Federal Reserve (the US central bank) would be less aggressive in raising interest rates in the coming months boosted the markets. And by 0103 GMT, there was little …

Gold Price creeps lower after testing the weekly high around $1786 on Wednesday following the release of positive US data. The retail sales data triggered risk aversion, so, the US dollar’s stance as a safe haven benefited, but the Gold Index was not able failed to capitalize on falling US …

Global stocks slid from two-month highs and dollar maintained its safe-haven standing and managed to steady on Wednesday after stronger-than-expected US retail sales clouded the Fed’s inflation outlook and hopes that the Fed could ease its hawkish interest rate hikes.Stocks in Europe pared overnight losses in Asia after Poland’s president …

Governor Christopher Waller repeated the same Fed’s hawkish stance on Wednesday. Last week, Waller said “we’ve still got a way to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices, jolting risk appetite”.Waller continues to warn that officials were not close …

Retail Sales rose in October by 1.3% above the 1% of market consensus. Analysts point out that despite the apparent endurance, consumers are struggling to keep up the pace. They warn that the last time credit card borrowing was growing like it is now, the US was heading into the …

Gold and silver prices are higher in early US trading session on Tuesday, following another US inflation report that came cooler than expected. Gold prices hit a three-month highs and silver prices a five-month high today. December gold was last up $12.90 at $1,769 and December silver was up $0.102 …

On Tuesday, Federal Reserve Bank of Philadelphia President Patrick Harker said “My best guess is we will remove about $2.5 trillion from the balance sheet overall but data will guide us,”.“We want to reduce the balance sheet methodically until we start to see where we need to stop,” Parker added …