Tag: Economic outlook
Fed Rate Cut Prospects Strengthened by Expected Consumer Price Index
Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through...
NASDAQ Aims for 20k as Powell’s Risk Comments Boost Sentiment – Action Forex
US stock markets experienced a significant surge recently, with both NASDAQ and S&P 500 setting new records and achieving gains of over 1%. This...
Atlanta Fed GDPNow Forecast for Q2 2021 Upgraded to 2.0% Growth | Forexlive
The Atlanta Fed recently upgraded its GDP growth forecast for the second quarter of 2021 to 2.0%, up from the previous estimate of 1.5%...
Westpac Analysis: RBNZ Statement Today Less Hawkish Than May – Forexlive
Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to...
Federal Reserve Chairman Powell Discusses Risks Beyond Inflation – Key Takeaways for Traders
Federal Reserve Chairman Jerome Powell recently addressed Congress in his semiannual testimony, discussing risks beyond just inflation that the Fed is considering. While he...
CPI Impact: Potential Correction in the Market
Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market...
Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
Powell Speech: Live Updates as Fed Chairman Responds to Lawmakers’ Questions
Jerome Powell, Chairman of the US Federal Reserve (Fed), recently delivered the Semi-Annual Monetary Policy Report and responded to questions from the Senate Banking...
Bank of England’s Approach to U.K. Growth and Inflation: Analysis and Outlook
The U.K. economy has shown signs of improvement in the first half of 2024, with GDP growth picking up and consumer outlook improving. Despite...
GBP Forecast: Bank of England Speakers Return – ING
The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
