Tag Archives: FED

The EUR/JPY edges lower after reaching fresh weekly highs at around 136.79 and daily lows just below the 50-DMA at 135.64, blamed on the negative market sentiment that increased appetite for safe-haven peers. The EUR/JPY pair is trading at 136.16.Risk aversion continued for the second consecutive day in the week. …

Federal Reserve’s Raphael Bostic said rate hikes won’t cause a recession and that the central bank can hike rates to deal with overly high inflation without sending the US economy into recession.He repeats that the Fed rates hikes can take some pause arguing that the Fed might need to pause …

There are signs of easing inflationary pressures and moderating growth but not enough to prompt a shift by the Fed yet. The Fed is expected to raise interest rates by another 0.5 percentage point in June.The stock market sell-off will end when the Fed signals it’s done tightening monetary policy, …

Oil prices fell by nearly a dollar on Tuesday, on fears of a possible recession and restrictions to combat COVID-19 in China, which outweighed the impact of tight global supply and expectations of increased demand for fuel as the summer travel season begins in the United States. Investment banks including …

As the US central bank mobilizes for the inevitable fight against 40-year-high inflation with what is expected to be a string of big interest-rate hikes, one US central banker injected a tone that is full of caution, warning headlong rate hikes could create “significant economic dislocation.”In an essay published Tuesday, …

Federal Reserve Chair Jerome Powell was formally sworn in on Monday to begin his second four-year term as head of the U.S. central bank as it aims to tame the highest inflation in four decades without tipping the economy into recession. Lael Brainard was also sworn in as the Fed’s …

The Gold Index advances for the fourth successive trading day and begins the trading week with an upbeat tone but retreats at the 20-day moving average (DMA) at $1856.45. The XAU/USD Index reflects the weak appetite for the US dollar, despite higher US Treasury yields, which are pairing last Friday’s …

Oil prices rose in early trading on Monday as US fuel demand, tight supplies and a slight decline in the dollar supported the market as Shanghai prepared to reopen after a two-month shutdown, raising concerns about a sharp slowdown in growth. Brent crude futures rose 82 cents to $113.37 a …

Oil prices rose in early trading on Monday as US fuel demand, tight supplies and a slight decline in the dollar supported the market as Shanghai prepared to reopen after a two-month shutdown, raising concerns about a sharp slowdown in growth. Brent crude futures rose 82 cents to $113.37 a …

Friday’s drop is conceived of as a bad omen for the economy as a whole. Only one bear market in the last 50 years, the market crash of 1987, was not accompanied by a recession. For the majority of the bull market since the March 2020 low, investors have had …