Tag: Fed
Navigating the Impact of Fed Rate Cuts on Banks: What You Need to Know
Falling interest rates can have a significant impact on banks, both large and small. When the Federal Reserve cuts its benchmark rate, it can signal a turning point in the economy and create opportunities...
Achieving Economic Soft Landing: Fed’s Success in 2024 and September Jobs Report
A hiring sign is displayed on the exterior of Urban Outfitters at the Tysons Corner Center mall in Tysons, Virginia. September's payroll boost has lifted the U.S. economy out of recession's shadow. This paves...
Fed Inflation Report: What to Expect on Friday
The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption expenditures price index, closely monitored by the Federal Reserve, is...
USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing
The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted by higher-than-expected US Purchasing Managers Index (PMI) data, which boosted...
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD). This decline is a result of the expectation that US...
Gold price surges as US inflation falters against Fed’s hawkish stance
Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase was driven by the latest inflation data from the United...