Tag Archives: monetary policy

The EUR/USD exchange rate has recently weakened, approaching the 1.0450 level, pressured by a confluence of interwoven factors. A key driver is the strengthening US dollar, bolstered by the Federal Reserve’s unwavering commitment to a restrictive monetary policy. Comments from Fed officials suggest no immediate policy adjustments are anticipated, reinforcing …

Federal Reserve Chair testified before the US Senate on Tuesday, saying, “There is no need to hurry in changing the current monetary policy stance.”Key Quotes:Powell stated, “The economy is strong.”The Fed Chair affirmed that “labour market conditions are significantly improving.”Powell mentioned that inflation rates are becoming closer to the central …

The Bank of Japan (BOJ) is poised to significantly raise its benchmark interest rate, signaling a decisive shift in its monetary policy and marking a crucial step towards economic normalization. This move, widely anticipated by markets, reflects growing confidence in the sustainability of inflation and a strengthening economic recovery.The expected …

The recent US nonfarm payrolls report delivered a resounding message: the American labour market remains a force to be reckoned with. December witnessed a robust 256,000 job additions, significantly surpassing expectations and solidifying the economy’s resilience. This robust growth, particularly evident in the private sector, underscores the continued strength of …

Consumer sentiment in Japan took a hit in December, as per a government survey released on Wednesday. The decline raises questions about the Bank of Japan’s (BOJ) optimism that robust household spending will drive the economy and support future interest rate hikes. The sentiment index fell to 36.2 in December, …

Financial markets are poised for a challenging 2025, navigating corporate transformations, geopolitical uncertainties, and economic resilience. Key factors like government policies, market dynamics, and global events will significantly impact major sectors including oil, gold, the US dollar, and cryptocurrencies.The US election outcome could trigger a long-term economic upswing, driven by …

Gold prices held near a one-month low in Asian trade on Friday, heading for their third consecutive weekly loss as the Federal Reserve’s slower-than-expected rate cut projections for 2025 weighed on investor sentiment. Gold Performance Spot gold edged up 0.1% to $2,596.82 per ounce, while Gold futures for February delivery …

The Bank of Japan (BOJ) opted to keep interest rates unchanged at 0.25% during its final policy meeting of the year. However, a dissenting vote from board member Naoki Tamura highlighted growing divisions within the central bank regarding the timing of monetary tightening. Tamura, known for his hawkish stance, proposed …

Gold prices have retreated from their recent highs, pressured by rising US Treasury yields. This shift reflects a change in market expectations for Federal Reserve interest rate cuts. The upcoming FOMC meeting is a pivotal moment for gold, as the Fed’s policy decisions and forward guidance will significantly impact the …

Jerome Powell, Chairman of the Federal Reserve Board of Governors, said on Wednesday that he feels comfortable with the current stance of monetary policy and where it currently is, stressing that the US economy has been performing very well recently.Powell added: “The institutional relationship between the Fed and the US …