The digital asset market is facing a short-term correction, as the price of Bitcoin has not yet reflected the Fed’s intention to postpone the rate cut. About it The Block said Bitfinex Head of Derivatives Jug Kooner. “The cryptocurrency market could fall in the short term if market expectations for a key rate cut continue … Read more
Bond yields rise US 10-year bond yields rose 14 basis points to 4.16%, and two-year bond yields approached 4.5%. Fed hints have almost eliminated the chances of a rate move in March, and the chances of a rate cut in May have diminished. The dollar recorded its strongest levels since November. For its part, the … Read more
Goolsby, a member of the US Federal Reserve US Federal Reserve Bank member Austin Goolsby said in an interview with CBS yesterday, Sunday: It is too early for the US Federal Reserve to declare victory in its battle against inflation, indicating that decisions to reduce interest rates will depend on the incoming economic data. His … Read more
US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more
Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more
(MENAFN- Al-Anbaa) The price of a barrel of Kuwaiti oil fell by $1.60 to reach $84.71 per barrel in trading yesterday, Thursday, compared to $86.31 in trading the day before yesterday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures fell by $3.76 to reach $77.42 per barrel, … Read more
An attempt to pressure or change policy? As for Krishna Guha of Evercore, he considered that Powell’s “tougher tone” could be read as an attempt to pressure against further easing of financial conditions, and to limit expectations of lowering interest rates within the acceptable range, while preserving the possibility of increasing interest rates again. if … Read more
NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more
September 20 US Federal Reserve System (FRS) saved the key rate range is 5.25–5.5% per annum. The decision coincided with market expectations. According to the Fed, U.S. inflation remains high, unemployment remains low, and economic activity continues to grow at a strong pace. “The US banking system is strong and resilient. Tighter credit conditions for … Read more
Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ ４日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more