Tag: Interest rates
AUD/NZD Surges as RBNZ Signals Dovish Shift
The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ)....
AUD/USD Consolidates Near 0.6750 Amid US Inflation Anticipation
The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This...
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...
Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September
Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
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...
Keeping Interest Rates High for Prolonged Periods Could Harm Economic Growth
Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended...
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 Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters...
US CPI Report Impact on Fed Policy: Will it Trigger a Pivot?
The latest US inflation data is set to be released this Thursday at 12:30 GMT, with expectations pointing towards a further decline in the...
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AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
