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BBCNEWS Asia July 3, 2024 - Vimarsana News

BBCNEWS Asia July 3, 2024

Here is chair, jerome powell, during his press conference. The economy has made considerable progress toward our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer...

BBCNEWS Asia July 3, 2024 - Vimarsana News

BBCNEWS Asia July 3, 2024

Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario th...

A VIX 'Breakout', Heavy Dollar Technicals, BOC Volatility and Recession Signals - Vimarsana News

A VIX 'Breakout', Heavy Dollar Technicals, BOC Volatility and Recession Signals

The VIX volatility index finally broke free of its persistent, two-month bear trend channel; but that doesn’t directly translate to a full breakdown from the S&P 500