US Federal Reserve

US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

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US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more

Central Banks Week… and the dollar awaits inflation data and Fed decisions

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Central Banks Week… and the dollar awaits inflation data and Fed decisions

Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more

The price of a barrel of oil decreases by $1.60 to reach $71.84

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The price of a barrel of oil decreases by .60 to reach .84

(MENAFN- Al-Anbaa) The price of a barrel of Kuwaiti oil fell by $1.60 to reach $84.71 per barrel in trading yesterday, Thursday, compared to $86.31 in trading the day before yesterday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures fell by $3.76 to reach $77.42 per barrel, … Read more

Powell’s Tougher Tone and Market Reactions: Is it an Attempt to Pressure Policy?

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Powell’s Tougher Tone and Market Reactions: Is it an Attempt to Pressure Policy?

An attempt to pressure or change policy? As for Krishna Guha of Evercore, he considered that Powell’s “tougher tone” could be read as an attempt to pressure against further easing of financial conditions, and to limit expectations of lowering interest rates within the acceptable range, while preserving the possibility of increasing interest rates again. if … Read more

Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

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Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more

US Federal Reserve System Maintains Key Rate at 5.25-5.5% to Address Inflation and Economic Growth

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US Federal Reserve System Maintains Key Rate at 5.25-5.5% to Address Inflation and Economic Growth

September 20 US Federal Reserve System (FRS) saved the key rate range is 5.25–5.5% per annum. The decision coincided with market expectations. According to the Fed, U.S. inflation remains high, unemployment remains low, and economic activity continues to grow at a strong pace. “The US banking system is strong and resilient. Tighter credit conditions for … Read more

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

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Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ ４日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more

Jerome Powell speech at Economic Policy Symposium: Clues on Interest Rates and Economic Outlook

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Jerome Powell speech at Economic Policy Symposium: Clues on Interest Rates and Economic Outlook

Jerome Powell talk On Friday, Powell is scheduled to speak at the Economic Policy Symposium at the Federal Reserve Bank of Kansas City. Investors will be looking to the highly anticipated speech for clues about the outlook for interest rates, which the Fed raised last month to a range of 5.25% to 5.5%, the highest … Read more

Jackson Hole Conference: Impact on Equities and Outlook for US Stocks

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Jackson Hole Conference: Impact on Equities and Outlook for US Stocks

Jackson Hole style Speeches by Fed chiefs at the Jackson Hole conference have usually boosted equities since the turn of the millennium, with the S&P 500 rising an average of 0.4% in the following week, according to data compiled by Bloomberg Intelligence. However, the scene of last year is still fresh in the minds of … Read more

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

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U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more