Tag Archives: monetary policy tightening

The US dollar is crumbling, this week as investors survey the landscape of the global economy, not just in the US. The dollar has fallen victim to improved risk sentiment, helping the likes of the euro that has been extending its rebound from a five-year low touched last week, and …

On Monday, gold prices fell more than one percent to their lowest levels since late January, as the dollar’s strength continued to affect demand for the yellow metal, which is denominated in the US currency. And gold fell in spot transactions 0.8 percent to $ 1797.82 an ounce (an ounce) …

Gold retreated to the $1,799 level on Friday, the lowest since February 2022. Recovery followed later to find resistance shortly at $1,820. US shares are sharply rising on Friday, on a recovery rally. Crude oil prices also hit gains. US yields settled and the US dollar is correcting lower. Usually, …

President of San Francisco Fed, Mary C. Daly stated that there is no reason to justify altering the course for 50 bps at the next two FOMC meetings, adding that the debate between 50 bps-75 bps is not a primary consideration. Daly reiterated that she still wants to reach a …

Treasury yields have noticeably rebounded on Wednesday after US consumer price data revealed that the pace of inflation slowed in April but has not peaked as prices rose more than economists expected and ensured the Fed will go ahead with monetary policy tightening.The yield on 10-year Treasury notes rose 3.1 …

US President Joe Biden blamed high inflation on COVID-19 pandemic disruptions to the economy as well as the Russo-Ukrainian conflict, adding that rising price pressures are “hurting” American families ahead of the November midterms. In response to reporters’ question about taking any “responsibility” for inflation, Biden stated, “I think our …

It is evident that ECB president Christine Lagarde has a euro problem though weaker euro is the last thing that Lagarde needs at a time when the ECB is trying to tame hot inflation within the Eurozone. As inflation nears 7.5 percent, the fastest rate since 1999, the exhausted euro …

In a blog post on Medium, Minneapolis Fed President and traditionally dovish FOMC member Neel Kashkari argued that, given that long-term real rates have the greatest influence on the demand for credit, financial conditions are already nearly back to neutral levels. But Kashkari argued that the Fed still needs to …

Olli Rehn, one of the European Central Bank’s officials spoke out in favor of an interest-rate increase in July, suggesting a growing shift on the Governing Council toward such a move. The governor of the Finnish central bank is one of more dovish policy makers and member of the ECB’s …

The Federal Reserve has raised rates by 50 bps as expected and seems open to further hikes. QT program launch and its potential ramp-up make the dollar scarcer. What most market participants see as most important, is the Fed comment on inflation: it is still high, “owing to supply and …