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Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever | Hellenic Shipping News Worldwide

Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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AUD/USD remains on the defensive below 0.6450, investors await Australian CPI data

AUD/USD remains on the defensive below 0.6450, investors await Australian CPI data
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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Australian Dollar gains ground amid risk-on mood, tepid US Dollar

Australian Dollar gains ground amid risk-on mood, tepid US Dollar
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USD/CAD moves below 1.3750, extends losses despite lower crude Oil prices

USD/CAD moves below 1.3750, extends losses despite lower crude Oil prices
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever

Central bankers
choose their words carefully, so recent comments from the
Federal Reserve's two most senior policymakers that U.S.
monetary policy could stay restrictive rather than higher
for longer...
-April 22, 2024 at 03:00 am EDT
- MarketScreener

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NZD/USD holds recovery to 0.5900, strong US Dollar limits upside

NZD/USD holds recovery to 0.5900, strong US Dollar limits upside
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Mexican Peso slides despite signs of economic improvement

Mexican Peso slides despite signs of economic improvement
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Live updates: ASX to open weakly, US records another strong jobs report

Live updates: ASX to open weakly, US records another strong jobs report
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Fed's Bostic emphasizes patience on rate cuts, open to rate hikes

Atlanta Fed President Raphael Bostic highlighted his readiness to maintain the current rate levels through the end of the year. "I'm comfortable being patient," he noted at an event overnight. "I'm of the view that things are going to be slow enough this year that we won't be in a position to reduce our rates towards ... the end of the year."

Raphael-bostic , Atlanta-fed-president-raphael-bostic ,

Fed policymakers agree: There's no urgency to cut rates

Minneapolis Fed President Neel Kashkari told Fox News Channel he also wants to be "patient," with the first rate cut "potentially" not appropriate until next year.

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