Tag: Federal Reserve

Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a central banking forum in Sintra, Portugal, Powell highlighted the advancements...

US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record level. Former Fed Governor Clarida predicted one Fed rate cut...

The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up slightly in the past month. The median inflation rate is...

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await the release of the US Personal Consumption Expenditure (PCE) Price...

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...

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1% versus an expected -0.1%, the dollar initially dipped due to...

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...

Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction and a rate cut in the fourth quarter is likely....

Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This drop can be attributed to comments made by Federal Reserve...

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...

The upcoming week from June 24th to June 28th is packed with significant economic events around the world. Let's take a look at some key events that will shape the global economic landscape.Starting off...

Banking regulators recently raised concerns about the resolution plans of four major American lenders. The Federal Reserve and the Federal Deposit Insurance Corp. reviewed the living wills of Citigroup, JPMorgan Chase, Goldman Sachs, and...

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate cuts by the end of 2024. Despite the Fed's dot...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can lead to...

The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in Building Permits and Housing Starts, the USD showed resilience. Federal...

We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the latest estimates from the Atlanta Fed are showing strength. This...

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data from the US indicated a slowing economy, which raised expectations...

New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence in the economy, pointing to signs of supply and demand...

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current inflationary pressures are starting to ease, suggesting that we may...

The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as the results will provide insight into the demand for long-term...

The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking for more positive inflation data before considering any rate cuts....

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow, followed by the UK CPI on Wednesday, and Japanese inflation...

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...

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing costs high for a longer period will help control inflation....