Tag Archives: FED

Russia made a request to China for military assistance at some point after the start of the now three-week invasion of Ukraine.The US has told allies that China signaled its willingness to provide military assistance to Russia, according to officials familiar with American diplomatic cables on the exchange.The cables, which …

Market players are focused on the latest on the Russia-Ukraine crisis. The US Federal Reserve is set to raise rates next Wednesday, but for how much.The Gold Index XAU/USD is trading at the lower end of its latest range and is poised to extend its slump. US traders hold on …

The US dollar edged higher on Friday while other safe-haven and commodity-linked currencies declined, after Russian President Vladimir Putin said there had been some progress in talks between Moscow and Ukraine.Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been “certain positive shifts” in negotiations …

The US Federal Reserve is expected to raise interest rates despite the threat to growth posed by Russia’s invasion of Ukraine.The US Federal Reserve is widely expected to raise interest rates by 0.25 percentage points at its meeting next week for the first time since slashing borrowing costs to zero …

Volatility and inflation have been among the most significant key drivers throughout the trading week amid trepulent geopolitical developments with undeniable economic impact across financial market.Inflation Still Biggest RiskData released on Thursday showed that the US consumer price index (CPI) grew 7.9% year-on-year and 0.8% month-on-month in February. The core …

The Bureau of Labor Statistics this week reported that the Consumer Price Index, the most widely used measure of inflation, rose 0.8% in February, up 7.9% over the last twelve months. Just after the BLS’s data, the Brookings Institution gathered a host of experts to explain what the latest CPI …

The US dollar edged higher on Friday while other safe-haven and commodity-linked currencies declined, after Russian President Vladimir Putin said there had been some progress in talks between Moscow and Ukraine.Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been “certain positive shifts” in negotiations …

The US dollar index has rebounded sharply from 97.72 on Thursday and is settling above 98.50 as inflation levels in the US hit skyscrapers.The USD managed to post gains vs its European rivals and the JPY but lower against commodity-linked currencies.Economic Data:The US Bureau of Labor Statistics reported the US …

Data released on Thursday showed inflation in the US reached in February the highest level since 1982. Although the magnitude and drivers were largely as expected, inflation continues to rage at a pace deeply unsettling for consumers and policymakers alike, explained analysts at Wells Fargo. Key Quotes: “For the first …

President Biden ordered federal agencies to study implications of government-backed digital currency The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It is considering digitizing the US dollar, giving people money they can access on their phone and bypassing electronic payments that …