By Moody’s Analytics U.S. consumers finally got a little relief on the inflation front in July because of a significant decline in gasoline prices, but the Federal Reserve isn’t going to celebrate
From January to June 2022, the Federal Reserve increased the key policy rate by 150 basis points (bps) and GlobalData predicted that the Fed’s further rate hike of 75 bps in July
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%
By Han Tan, Chief Market Analyst at Exinity Group Markets are on tenterhooks ahead of the US inflation data later Wednesday which will hold great sway over the Fed’s rate-hike plans. Fed
By Jeffrey Halley US markets got little solace, but more clarity, from the FOMC minutes overnight; the committee members remained highly focused on culling inflation, even if it was at the expense
By Jeffrey Halley It was another night of tail-chasing, this time led by Goldman Sachs that said a US recession is a real possibility and that the US Dollar might fall as
By Lukman Otunuga, Senior Research Analyst at FXTM Stocks in Asia traded cautiously on Tuesday, following a negative close on Wall Street overnight as growth concerns, inflation worries and geopolitical tensions hit
By Jeffrey Halley The ‘who can be the most hawkish Fed President’ quiz continued overnight as James Bullard came out swinging, suggesting that Fed Funds may need to rise to a “neutral”
By Jeffrey Halley New York had a relatively quiet session overnight, with Europe’s announcement that its next round of sanctions would include Russian coal imports, having no impact on energy prices. A
