Tag Archives: FOMC

The minutes of the 25-26 January FOMC meeting, released on Wednesday, said that most participants suggested that a faster pace of increases in the target rate for the Federal Funds rate than in the post-2015 period would likely be warranted. Additional Quotes Participants continued to stress that maintaining flexibility to …

The market mood improved on Tuesday as market players rushed to price in a de-escalation of the Russia-Ukraine tensions after the Russian Minister of Defense announced that some of the troops at the border would return to their bases.Nevertheless, comments from Russian President Vladimir Putin released during the American afternoon …

With major events ahead of the markets, the focus would shift to global markets and earnings for cues. On the macro front, traders are digesting Monday’s IIP data, both CPI Inflation and WPI inflation are also being analyzed along with the latest earnings reports. After the reaction to US’s hot …

The USD/JPY pair has rebounded from the 1.1500 level during the US trading session on Monday, having failed on multiple occasions since last Friday to break below the key level. The pair is now trading close to highs of the day in the 115.60s, up about 0.2% and is eyeing …

Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options.Mere hours after yesterday’s CPI showed a bigger-than-expected inflation …

President Joe Biden is acknowledging historic inflation, but at the same time, Biden believes it is tapering off this year. President Joe Biden said Thursday he sees signs of relief on the horizon for US consumers, after a government report showed inflation staying at a 40-year high.“According to Nobel laureates, …

The Gold Price Index, XAU/USD, is under pressure as the New York session’s volatility dies down following the early morning chaos that has resulted in plenty of two-way business in financial markets. Gold initially moved lower after the post-15-minute candle’s toing and froing, sliding to $1,825. This was before the …

Following higher than expected January’s US inflation data, the EUR/USD pair is rallying in the North American session. The EUR/USD is trading at 1.1476.Financial markets mood is mixed after the US Department of Labor revealed that the Consumer Price Index (CPI) rose to 7.5% y/y, a level last seen in …

St. Louis Federal Reserve President James Bullard said on Thursday that he has become “dramatically” more hawkish in light of the hottest inflation reading in nearly 40 years, and he now wants a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings. Within …

Data released on Thursday showed higher-than-expected inflation numbers with the annual CPI hitting the highest level since 1982. The upside surprise, even as areas like energy goods and autos cooled as expected, illustrates that inflation continues to carry plenty of momentum, and any meaningful slowdown remains elusive, explained analysts at …