According to bets in interest-rate futures contracts, Federal Reserve policymakers are anticipated to implement a quarter-percentage-point interest-rate reduction next month and continue to progressively reduce the policy rate until it
The DXY Index reached a high of 100.72 on Friday, close to the December low of 100.62, but above the July 2023 low of 99.58 due to expectations of a
Elections are difficult for independent central banks, particularly those that are controversial. Monetary policymakers are evidently afraid of being labeled as partisan, thus they are unable to discuss openly about
Though we’re keeping a close eye on it, it hasn’t updated. A hitch in the release timetable is uncommon, therefore the reason for the confusion is unclear. Nonetheless, the Country
Interest rate cuts are being considered by central banks worldwide, or they have already begun in the current economic environment. This choice is not without dispute, as some contend that
If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. At the end
The much-anticipated pivot in the U.S. labor market has finally materialized, heralding the possibility of a Federal Reserve rate cut before the scheduled September meeting, Jefferies analysts articulated in a
Despite encountering lackluster economic indicators, UBS analysts are resolute in their belief that the U.S. economy is poised for a gentle deceleration rather than a harsh downturn. The financial institution
Gold (XAU/USD) surged this week, climbing above the $2,400 mark after benefiting from declining US Treasury bond yields and weak US economic data following the Fed’s policy announcement. Escalating geopolitical