Tag Archives: rate cut

Raphael Bostic, the President of the Federal Reserve Bank of Atlanta, believes that the Fed should be prepared to make larger interest rate cuts if the job market weakens. He reassured markets that his business contacts don’t anticipate layoffs, but this statement seems out of place given the recent ISM …

The USD/JPY pair has been rising since the start of the American trading session in the currency market, driven by the increase in US Treasury yields. This is due to the positive relationship between the pair and the yields on these government bonds, highlighting the weakness of the Japanese yen.US …

Fed Chair Jerome Powell reiterated that inflation has been broadly defeated and that recent data indicate further progress toward a sustained return to 2% core goods prices have fallen a half percent over the past year, close to their pre-pandemic pace, as supply bottlenecks have eased outside of housing services. …

The recent surge in gold prices, culminating in a record high of $2,685 last week, is now encountering headwinds. A combination of factors, including a rally in Chinese equities and a more optimistic outlook for the Chinese property market, has diverted investor attention away from the precious metal despite its …

The US stock market continued its upward trajectory, with both the S&P 500 and Dow Jones Industrial Average hitting fresh record highs on Tuesday. This surge was primarily driven by China’s aggressive stimulus measures and ongoing Federal Reserve rate cuts.China’s Stimulus Ignites Global Markets:China’s announcement of a significant stimulus package, …

Expectations of a rate cut by the Federal Reserve in November and declining US Treasury yields propel gold to a new all-time high. S&P Global Flash PMIs show that while the manufacturing sector is resilient, the US economy is not as strong in the manufacturing sector.While retaining policy flexibility and …

  Fed’s Aggressive Rate Cut Signals a New Era Last week, the Federal Reserve made a significant move by cutting its policy rate by a substantial 0.5%. This marked a significant departure from its previous stance of aggressive rate hikes aimed at curbing inflation. The larger-than-expected cut signals a critical …

Market Drivers: US Session, September 20 US Dollar Strengthens Amidst Fed Rate Cut and Economic OptimismThe US Dollar gained momentum following the Federal Reserve’s interest rate cut, reflecting growing market optimism about the US economy. The New York Fed’s Nowcast model projects robust economic growth in the third and fourth …

Dow Jones hovers near 42,000. Thus, the Index is heading for another winning week, but this time, Dow’s rally comes after Fed’s recent rate cut. The Dow Jones Industrial Average has surged to near 42,000 this week, following the Federal Reserve’s aggressive interest rate cut. This marks a significant turnaround …

Following the half-percentage-point interest rate cut by the Federal Reserve less than two months before the November election, Republican presidential nominee Donald Trump is not holding back in his criticism of the institution. In an interview with Newsmax on Thursday, the former president stated, “It really is a political move.” …