While Chair Powell News Today

Rumors of a stock market crash are aflutter ahead of the PCE inflation report, due this Thursday, March 29.

The gold price is under pressure by some 0.15%, sliding from a high of $1,783.19 to a low of $1,771.52 on Tuesday as the safe-haven US dollar hit a on

With inflation still well above the U.S. Federal Reserve’s target and the unemployment rate now below estimates for the long-run maximum level, the Fed reiterated recent guidance following its January meeting: Officials expect to hike the policy rate in March, kicking off a series of four rate hikes in 2022. Although the Fed’s near-term rate ...

MacroBusiness Access Subscriber Only Content at 7:51 am on June 28, 2021 | 0 comments Forex was roughly stable Friday night as new US inflation figures were strong but did not beat estimates, DXY and EUR are stalled as a pair: The Australian dollar is still the key support turned resistance line. Above will confirm false breakdown. Rejection will be bearish: Oil is a one-way ticket for now. Gold the mirror of DXY: Base metals struggled: EM stocks popped: The curve steepened for once: Which lift...

Wall Street flip-flops all over equities at 12:40 pm on June 28, 2021 | 3 comments Good is bad news. Bad news is good news. Bad news is bad news. Good news is good news. News is bad, good news. Good, bad is news! Today’s brace of equity strategist output comes from the usual sources as they try to keep pace with rapidly dating narratives. Goldman Sachs is considering that it might be wrong about absolutely everything: There are 1997 words left in this subscriber-only article. 1. “What if in...

The District of Columbia sued Amazon on Tuesday for allegedly “artificially raising prices for products around the web by abusing its monopoly power.” The lawsuit represents yet another...