Tag: FOMC
Events to Look Out For Next Week
Attention is turning to CPI on April 12, while of even more interest will be Earnings Season which kicks off with the big banks...
US OPEN: US Inflation Cools but the devil remains in the detail
EURUSD, H1
US headline CPI increased 0.4% in February and the core rose 0.5%. The data are close to expectations though the latter is a...
Midweek Update 22 February 2023
Investors implore a “wait & see” approach as FOMC minutes and Core PCE inflation data loom in the final half of the week.
Dollar
Midway...
Dovish Statement Bumps USDIndex
USDIndex, Daily
The US dollar index fell to a 9-month low amid dovish comments from Fed Chair Powell that sent bond yields tumbling and sparked...
Market Update – January 5 – FOMC: Inflation still Public Enemy No. 1
The FOMC minutes continued to show inflation was the overriding concern. Participants generally noted that upside risks to the inflation outlook "remained a key...
Market Update – December 15 – FED: Inflation Remains Public Enemy No. 1
The FED, as expected, announced a 50 bp increase in the federal funds rate to place it in a target range of 4.25%-4.50% (the highest level in...
