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Next week's inflation data may provide Powell with chance to tee up September cut
Investing.com via Yahoo Finance Canada· 2 days agoInvesting.com -- Next week's inflation data may provide Federal Reserve's chairman Jerome Powell with the opportunity to tee up a September rate cut, Jefferies ...
Federal Reserve highlights its political independence as presidential campaign heats up
The Canadian Press via Yahoo Finance Canada· 2 days agoWASHINGTON (AP) — The Federal Reserve is highlighting the importance of its political independence...
The labor market is losing steam
Axios· 2 days agoThe labor market is showing signs of weakness, with employers easing hiring and a rising share of jobless Americans. Why it matters: The June jobs report...
US Dollar Forecast: Fed and data seen ruling the price action next week
The Forex Market· 2 days agoUS Dollar Index (DXY) sharply reversed its recent weekly uptrend. A dovish Powell in Sintra fanned...
Gold Forecast: Gathering bullish momentum ahead of Powell testimony and US inflation data
The Forex Market· 2 days agoGold benefited from broad-based USD weakness and advanced beyond $2,380. Fed Chairman Powell’s...
US Bond Yields Fall as Jobs Data Fuels Bets on Two 2024 Fed Cuts
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Traders are once again betting that Federal Reserve officials will lower interest...
Federal Reserve highlights its political independence as presidential campaign heats up
Tri-City News· 2 days agoThe Federal Reserve is highlighting the importance of its political independence at a time when...
June jobs report raises pressure on Fed for September rate cut
Yahoo Finance· 2 days agoIn Dutta's view, the Fed's July meeting should set the table for a September cut. Federal Reserve...
EUR/USD Weekly Forecast: Bets for soon-to-come US rate cuts hit the US Dollar
The Forex Market· 2 days agoThe EUR/USD pair finally gathered directional strength following a two-week consolidative stage and...
GBP/USD Forecast: Pound Sterling looks north after UK election
The Forex Market· 2 days agoThe Pound Sterling extended the previous week’s rebound against the US Dollar. The 1.2900 level and...