Tag: Economic stimulus
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...
UK’s Consumption Puzzle and Monetary Easing: Insights from BoE’s Greene
In a recent article for the Financial Times, Megan Greene, a member of the BoE's MPC, shed light on the challenges surrounding the UK's consumption trends, labeling it a "consumption conundrum." Despite the fact...
USD Weakens as Powell Pledges Support for Jobs | Forexlive
USD Weakens as Powell Pledges Support for JobsFederal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium sent shockwaves through the markets as he made it clear that the time has come for...
Harris Economic Plan: Tax Cuts, Housing Incentives, Price Caps
Vice President Kamala Harris is set to unveil a comprehensive economic plan that focuses on tax cuts, housing incentives, and price caps in an effort to alleviate financial burdens on American families. These proposals,...
Fed Put Success: Analyzing the Impact on Forex Markets
Yesterday, Jeremy Siegel, a Warton Professor known for his market commentary, made a bold call for an emergency 75 basis point Fed cut, followed by another 75 bps in September. However, with the Atlanta...
Chicago Fed President Goolsbee’s Plan to Fix Deteriorating Economy
Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee emphasized that the central bank would closely monitor any signs...