Dollar steady as sticky inflation dents rate cut expectations - Markets
SINGAPORE: The dollar was steady on Monday after data last week showing US inflation remained sticky cast doubts on...
Source: brecorder.com
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Dollar steady as sticky inflation dents rate cut expectations
The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when the Federal Reserve would start its easing cycle, while the yen remained rooted near the psychologically key 150 per dollar level. Investor focus this week will be on the minutes of the Fed meeting from last month, scheduled for release on Wednesday.
Source: yahoo.com
NZD/USD remains range-bound above the 0.6100 mark, eyes on RBNZ Inflation Expectations and US CPI data
The NZD/USD pair sticks to a range-bound trade above the 0.6100 mark during the early Asian session on Tuesday.
Source: fxstreet.com
Stock investors fear 'no-landing' economy could spell trouble. What's next?.
While the stock market has been pricing in a “soft-landing” scenario, a blowout jobs report, relatively strong corporate earnings, and Federal Reserve Jerome...
Source: marketwatch.com
🔒 Fed signals prolonged restrictive stance, potential rate cuts in '24
Federal Reserve policymakers signalled a commitment to maintaining a restrictive stance "for some time," anticipating a peak in policy rate.
Source: biznews.com