Analysts at S&P think that it is unlikely that some US bank failures will prevent policymakers from sticking to the task of taming inflation, reported Reuters early Tuesday in Asia. The global rating agency also […]
USD/CAD picks up bids to refresh daily top around 1.3690, extending the early Asian session bounce off a one-week low heading into Tuesday’s European session. In doing so, the Loonie pair cheers the downbeat price […]
The Federal Reserve entered 2023 focused on a central goal: wrestling down the rapid inflation that has plagued American consumers since 2021. But over the past two weeks, that job has become a lot more […]
A cascade of hot inflation data seems to indicate that inflation has yet to be tamed in the United States, throwing markets into jitters amidst concerns over further interest rate hikes. Yet the recent collapse […]
Having witnessed immense volatility in the last few days, the global markets portray the much-needed inaction while depicting the traders’ cautious mood ahead of the next week’s Federal Open Market Committee (FOMC) monetary policy meeting. Even so, the recently […]
(NewsNation) — The average American will most likely not be impacted by the crash of Silicon Valley Bank, says Cory Johnson, hedge fund manager and host of “The Drill Down” podcast. “I think that’s the important takeaway […]
Price rises slowed again in February as the annual rate of inflation eased but the report has been overshadowed by a banking crisis ahead of next week’s meeting of the Federal Reserve. Prices in February were […]
WASHINGTON (AP) — U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for […]
On Tuesday, we got more confirmation that the Federal Reserve‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, […]
NEW YORK, March 13 (Reuters) – A market rocked by a banking crisis faces a potential one-two punch as investors await a U.S. inflation report that could further complicate views on the Federal Reserve’s monetary […]
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