Page 2 - Fed Bostic News Today

Fed speakers show growing divergence on how to proceed with monetary policy. Atlanta Fed Bostic (non-voter) is inclined to pause at the June meeting, but he confirmed that the committee is still out on the issue. If he had a bias between going up or down as a next move, it would still be up. Resilient consumer spending and tight labour markets pose upside inflation risks even as the Fed’s earlier tightening measures will start having a bigger impact.

The GBP/USD pair has surrendered its morning gains and has slipped to near 1.2230 in the Asian session. The Cable witnessed the heat after failing to

Asia risk sentiment is off to a rousing start coat-tailing the rise in US equities as investors revel in the unexpected contraction in services sentim

The GBP/USD extends its losses to two-consecutive days after snapping six days of gains, which bolstered the major towards the 1.1500 area. Sentiment

The USD/CAD climbs sharply during the North American session, as Fed officials remained focused on bringing inflation down, disregarding a possible US

The USD/CAD plunges in the North American session after hitting a two-decade high at 1.3832 as the US dollar weakened, spurred by falling US bond yiel

Silver price edges lower, hitting six-week lows below the $18.50 mark, extending its losses for three consecutive days, amidst a sour market sentiment

Atlanta Fed president Raphael Bostic