Tag: Fed
BlackRock CEO Predicts Fed to Cut Rates by 25 bps Before Year-End
BlackRock CEO, Larry Fink, recently made a prediction about the Federal Reserve cutting rates before the end of the year. He believes that there will be a rate cut of at least 25 basis...
Dollar Strengthens as Fed Clarity Boosts Market Confidence – Action Forex
Global financial markets experienced a mix of clarity and uncertainty last week. In the US, economic data supported the idea of a gradual policy easing by the Federal Reserve, boosting investor confidence. The hope...
Fed’s Goolsbee Expects Close Calls on Rate Decisions Ahead – Market Outlook
Chicago Federal Reserve President Austan Goolsbee recently spoke to CNBC about the progress in controlling inflation and stabilizing the labor market in the last year and a half. According to Goolsbee, inflation has decreased...
Federal Reserve’s Logan Supports Gradual Rate Cuts – Economic Analysis and Forecasts
In a recent speech, Dallas Federal Reserve President Lorie Logan advocated for a more cautious approach to reducing the fed funds rate, following a 50 basis points cut last month. She believes that taking...
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...
Dollar Rises on Fed Clarity, Oil Jumps on Wider Middle East War Fears –...
The financial markets saw a boost last week with the release of strong US employment data, aligning market expectations with the Federal Reserve's monetary policy outlook. The possibility of a 50bps rate cut in...