Tag Archives: inflation

March is likely to see the Fed’s Personal Consumption Expenditures (PCE) index stay stubbornly high, since inflation has exceeded forecasts in every month this year but one. This further complicates forecasting. Fed officials have stated that before the central bank lowers interest rates, they need further assurance that inflation is …

The risk-linked financial assets received much-needed oxygen from diminishing geopolitical fears at the start of a week that will be dominated by impending US inflation numbers and corporate earnings reports. The US dollar posted modest gains during a rather unremarkable start to the week, helping to keep the USD Index …

Federal Reserve Bank of Chicago President Austan Goolsbee argued on Friday that it would make sense to wait to get more clarity on the inflation outlook before taking a policy step, This sort of statements could be looked upon as a resonation of the broad hawkish stance and Fed’s tendency …

The Pound Sterling has fallen against the US Dollar amid a dismal market mood, with investors seeing the Bank of England (BoE) delaying rate cuts. UK’s stable wage growth is limiting the slowdown in price pressures, while the US Dollar corrects despite the Fed’s stance towards keeping interest rates higher …

European Central Bank’s President Christine Lagarde speaks in Washington, DC. A firmer upside momentum now lifts EUR/USD pair to the area of daily highs near 1.0680.Earlier on Wednesday, Lagarde tweeted saying, “Later today I will be speaking at the Council on Foreign Relations about the European economy and implications of …

Andrew Bailey, the governor of the Bank of England, has intimated that because the inflation dynamics of the two economies differ, the UK may be able to cut interest rates before the US. After unexpectedly strong price data in America this week rattled markets, Bailey said there is more demand-led …

Gold prices have risen following Fed Chair Jerome Powell’s hawkish comments and mixed US data. The Middle East tensions have heightened Gold’s status as a safe-haven asset, and market expectations reduce the likelihood of multiple Fed rate cuts this year. Gold prices edged higher late in Tuesday’s North American session, …

The US economy is expanding rapidly, yet inflation is still there. In the meantime, the Federal Reserve conveys, via Chair Jerome Powell, conflicting messages: while the US central bank supports market-led tightening through higher rates, it is not a big fan of immediate rate cuts. Economic DataOn the data front; …

The Federal Reserve Chair Jerome Powell stated on Tuesday that the US central bank is unlikely to lower interest rates at its next policy meeting, which is just two weeks away, due to the US economy’s continued strength and a “lack of progress” on inflation. Powell stated during a moderated …

Amidst rising Treasury yields, the US dollar’s upward momentum persisted, pushing it to new annual highs around 106.20. This week seems to be dominated by escalating geopolitical concerns, especially in the Middle East. Indicated by the USD Index (DXY), the US dollar held its bullish tilt and surged to new …