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Fed s Jefferson: Cautiously optimistic about inflation progress, likely due for a rate cut later this year

Federal Reserve (Fed) Vice Chair of the Board of Governors Phillip Jefferson spoke at the Peterson Institute for International Economics in Washington, DC Thursday.

United statesPhillip jeffersonPeterson institute for international economicsFederal reserveVice chairPeterson instituteInternational economicsPersonal consumption expenditurePrice index

Fed s Harker: won t take May rate cut off the table

Philidelphia Federal Reserve (Fed) President Patrick Harker hit newswires Thursday, noting that while the Fed is approaching the point of cutting rates, policymakers remain unsure of when specifically that might happen.

Patrick harkerPhilidelphia federal reservePresident patrick harker

Silver Price Forecast: XAG/USD holds onto gains above $23 ahead of FOMC minutes

Silver price (XAG/USD) turns sideways around $23.15 after a strong recovery in the European session on Wednesday.

United statesMarket committeeDescending triangleFederal open market committeeDollar indexExponential moving averagesRelative strength index

Will Fed Minutes shed light on 2024 interest-rate outlook?

The FOMC Minutes saw some members suggesting that interest rates could be at their peak.

United statesJerome powellMarket committeeMinutes of the federal open market committeeBureau of labor statisticsFederal reserveReserve chairman jerome powellNonfarm payrollsLabor statisticsCore consumer price indexEuropean session lead analystSimple moving averageFederal open market committee

USD/CAD delivers V-shape recovery above 1 3500 on soft Canadian Inflation data

The USD/CAD pair rises as Statistics Canada has reported softer-than-forecasted inflation data for January.

Statistics canadaConsumer price indexFederal reserveDollar index

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