Page 2 - Fed May News Today

While expressing confidence on inflation controlled measures, the FOMC was still worried about the last mile

The week saw the CME Fedwatch raising its expectation to two rate cuts in the year 2024

Fed policy statement did not change its 3 rate cut promise, but that is looking increasingly impractical

London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

Commodities look poised to benefit should the Fed rate hike cycle be at an end. DXY and Market Sentiment likely to drive Gold, Silver prices this week as we have limited US data on the docket.

MUMBAI (Reuters) - The Indian rupee is expected to open higher on Thursday, tracking a decline in the dollar against Asian currencies after the U.S. Federal Reserve signalled a pause in its rate-hike cycle. | 11:42pm

The Fed continues to push the federal funds rate higher to curb inflation, which has slowed but still poses an economic threat.

The main Manufacturing Purchasing Managers’ Index (PMI) in the United States will be released by the Institute of Supply Management (ISM) in its Repor

GBP/USD is flat in Tokyo following an impressive rally on Thursday in a continuation of the short squeeze. The bulls reached the prior resistance arou

Gold prices were subdued on Friday, but market moves were limited, with many traders sitting on the sidelines and avoiding taking large directional positions ahead of major events next week