Fed Summary News Today

The Federal Reserve held serve with interest rates for a seventh straight meeting and signaled one cut for 2024 in its latest forecast.

The equity markets are looking for a continuation of what I’ve recently called the plotline: declining inflation and a tightening of the labor market.

Following a quiet start to the week, Gold price touched its highest level since April near $1,960 but staged a deep correction toward the end of the w

Silver price extended its losses for the second consecutive day after hitting a nine-month high around $24.54 on Tuesday, plunging more than 2%. Robus

The Japanese Yen wrapped up a fairly steady third quarter, but likely remains vulnerable against the US Dollar heading into the end of 2021. Will a less-dovish Fed push USD/JPY higher?

by Tyler Durden By Steve Englander, global head of FX strategy at Standard Chartered How asset markets would respond to a hawkish Fed Being dovish is harder than it looks for the FOMC. We expect two hikes in the 2023 dots. The consensus probably is close to expecting a single hike. If we are right, the initial response would probably be to add another half hike to the three already priced in by end-2023, taking the USD higher. But we think the Fed can present its dots as good news -- a maximu...