Tag: Central bank actions
ECB’s Panetta Urges Easing Amid Inflation Decline and Economic Weakness – Action Forex
Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic weakness and declining inflation. He emphasized the need to address...
ECB’s Kazimir: Disinflation Progress Encouraging, More Evidence Required
ECB Governing Council member Peter Kazimir shared his thoughts on the current disinflation progress in a recent blog post. According to Kazimir, the trend towards lower inflation is looking positive and stable.He mentioned that...
ECB Prepares for First Consecutive Rate Cut in 13 Years
The European Central Bank (ECB) is getting ready to implement its first consecutive rate cut in 13 years. It is widely anticipated that the deposit rate will be reduced by 25 basis points to...
Fed’s Rate Cut Supported by Majority, Divisions on Future Easing – Analysis
The Federal Reserve's recent decision to lower interest rates by 50 basis points had the support of a majority of policymakers, as revealed in the meeting minutes. However, the discussions among the officials showed...
US Dollar Strengthens as Federal Reserve Hawks Gain Momentum
Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth than expected, with workers earning 4% more on average compared...
Fed credibility at stake: David Tepper urges for two to three more rate cuts
Doubts Surrounding Fed's Credibility
David Tepper, the founder and president of Appaloosa Management, recently voiced concerns about the credibility of the Federal Reserve and urged for two to three more rate cuts. Tepper emphasized the...
Fed’s Rate Cut Dilemma: Go Big or Go Small | WSJ Timiraos | Forexlive
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Eco Data Calendar 8/12/24 – Actionable Insights for Forex Traders
ActionForex.com has been a trusted source of insightful analysis for forex traders since 2004. Our goal has always been to empower individual traders with the information they need to make informed decisions in the...