By Craig Erlam The day we’ve all been waiting for has finally arrived as Jerome Powell prepares for his keynote speech at Jackson Hole. Powell will have chosen his words very carefully,
By Craig Erlam A slightly positive start to trading on Thursday, as traders eye ECB minutes early afternoon and the start of the Jackson Hole Symposium. The minutes will likely provide further
By Craig Erlam A relatively slow session so far in the middle of the week, with the focus very much still on the Federal Reserve and interest rates ahead of the Jackson
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight, despite disappointing economic data from China and the US fuelling
By Craig Erlam It’s been an underwhelming start to the week in financial markets with the eternal optimism of investors clashing with the reality of Chinese economic data. There’s a bizarre
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
By Craig Erlam A relatively slow start to the week as investors continue to digest Friday’s jobs report and what it means for financial markets, just as some optimism was returning. The
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 Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised
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%,
