By Moody’s Analytics The December meeting of the Federal Open Market Committee was the most dovish since the post-pandemic tightening cycle began. The fed funds rate, as anticipated, was held unchanged. Wednesday’s
By Craig Erlam A lacklustre start to the week, but there’s so much to come over the next few days which could determine how markets end the year and start 2024.
By Craig Erlam It’s been a calm start to the week which isn’t entirely surprising given the lack of events on the calendar. That said, things are expected to pick up with
By Craig Erlam The Bank of England used its monetary policy report hearing to once more push back against market expectations on rate cuts next year. A lot of the comments echoed
By Craig Erlam Markets saw some trepidation on Wednesday with the Federal Reserve keepings rates unchanged and ahead of the jobs report on Friday. The Fed’s FOMC meeting was quite straightforward, with
By Han Tan, Chief Market Analyst at Exinity Group The FOMC is widely expected to leave its benchmark rates untouched on Wednesday, with Chairman Jerome Powell set to echo the “higher for
US Consumer Price Index (CPI) data published Thursday supports the case that the Federal Reserve will likely implement one more interest rate hike, according to the CEO of a leading financial advisory
By Edward Moya US stocks shrugged off a hot PPI report and focused on the latest Fed speak that had two hawks dial down dial the immediate need for further tightening. Stocks
By Han Tan, Chief Market Analyst at Exinity Group Markets will be looking to the incoming FOMC minutes and US CPI data for more signals on the Fed policy outlook. Should either
By Craig Erlam Equity markets edged higher in the run up to the US jobs report on Friday, a release that could set the tone in the markets ahead of next month’s
