Tag Archives: Jerome Powell

Today marks the eagerly anticipated release of the most crucial US employment data, the Non-Farm Payrolls (NFP) report, promising insights into the economic landscape of the United States. Anticipation looms large as expectations lean towards a notable deceleration in job growth, counterbalanced by a projected stability in the unemployment rate …

The US Dollar Index, or DXY, was trading slightly higher at 105.80 earlier on Thursday. Despite cautious words made by Fed Chair Jerome Powell regarding inflation and its unclear future trajectory, the dollar saw a brief upward momentum. Weekly Jobless Claims data appear to be helping the dollar, which is …

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.In its policy statement, the Fed said that there has recently been a lack of further progress toward the 2% …

The Federal Open Market Committee decided to keep interest rates unchanged at its meeting that concluded today, Wednesday, and investors and observers are awaiting the press conference held by Federal Reserve Chairman Jerome Powell in an attempt to obtain guidance on the future interest rate path and the central bank’s …

Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented and analyzed the most prominent market developments and the performance of the most important assets, in an interview on Dubai TV. US Interest Expectations, Federal Reserve Decisions:Asked about his expectations …

Easing geopolitical threats and a rising US dollar cause gold to retreat substantially from recent highs. Gold is -2.75% down; trading at $2326.10 per ounce at the time of writing. Gold prices are under pressure because Fed members, particularly Chairman Powell, have a hawkish view on interest rates. As expectations …

The slightest suggestion of an interest rate hike by a Federal Reserve official ended the US bond market’s rebound. John Williams, the president of the New York Fed, stated that another rate hike is not his base case on Thursday in answer to a question during a conference in Washington. …

On Thursday, the dollar experienced a decline as traders assessed the trajectory of interest rates in the United States, spurred by statements from Federal Reserve officials reinforcing expectations of an extended period of monetary tightening. Recent weeks saw the dollar strengthening, propelled by a series of robust US economic data …

Improved global risk sentiment and a decline in US Treasury yields have caused gold prices to retreat from daily highs, further pressuring the US dollar. The precious metal is down 0.93%, at $2360.60 per ounce.Although US Federal Reserve officials have been hawkish, there has been a bullish momentum. The US …

The Fed’s Beige Book showed slight economic activity expansion since late February, but Fed Chair Jerome Powell warned that there is little progress on inflation and that the bank remains data-dependent. The possibility of a rate cut in the next meeting in June stands at around 15%, and the chances …