Dallas Fed president Lorie Logan said Wednesday she backed the Fed’s decision to slash interest rates by a half percentage ...
Gold held steady as traders weighed simmering Middle East tensions against a stronger-than-expected US jobs report that ...
That undermined the Mexican Peso amid a scarce economic docket. Traders are eyeing the release of inflation figures on ...
Boston Fed president Susan Collins said the central bank will likely need to cut interest rates further, the latest in a ...
Bank of St Louis president Alberto Musalem says he supports more interest rate cuts as the US economy moves forward on a ...
On the upside, there is a provisional hurdle at the 55-day SMA at 1.1032, prior to the 2024 top of 1.1214 (September 25), followed by the 2023 peak of 1.1275 (July 18) and the 1.1300 round level.
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Axios Visuals They say to buy the rumor and sell the news. And so it goes with the aftermath of the Federal Reserve's rate cut announced three weeks ago. Why it matters: Paradoxically, longer-term ...
“And that’s why I thought dialing back policy was the right move.” Also, St. Louis Fed President Alberto Musalem said he backed the U.S. central bank’s decision to lower interest rates by a half point ...