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Jerome Powell’s Laser Focus on Inflation
Bloomberg· 6 days agoHave a confidential tip for our reporters? Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. Federal Reserve Chair...
Dollar drifts as Powell comments bring September rate cut in focus
StreetInsider· 19 hours agoThe dollar hung around five-week lows on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while ...
Powell Not Prepared Yet to Say He’s Confident About Inflation
Bloomberg via Yahoo Finance Canada· 6 days ago(Bloomberg) -- Federal Reserve Chair Jerome Powell said he believes inflation is receding, but isn’t...
Gold pulls back after US Retail Sales beats expectations
The Forex Market· 7 hours agoGold corrects back after the release of stronger-than-expected US Retail Sales data for June. The...
DXY: Upside is capped around 104.4-104.8 – DBS
The Forex Market· 3 hours agoThe Dollar Index (DXY) initially rose 0.2% to 104.32 on the “Trump Trade”, but returned to last Friday’s 104.09.
Japanese Yen depreciates, traders remain alert to potential intervention by authorities
The Forex Market· 18 hours agoBoJ data showed that authorities might have spent between ¥3.37 trillion and ¥3.57 trillion on...
Wall Street Economists See Compelling Case for Fed to Cut Now
Bloomberg· 2 hours agoA growing number of Wall Street economists are cautioning the Federal Reserve is waiting too long to...
3 reasons the Fed should cut interest rates this month instead of waiting for September
Business Insider via Yahoo Finance Canada· 18 hours agoFederal Reserve Bank Chair Jerome Powell.Chip Somodevilla/Getty Images The Fed should cut interest...
Markets are betting there's a 100% chance the Fed cuts rates in September
Yahoo Finance· 6 hours agoWith inflation falling and signs of a slowing economy brewing, markets are increasingly confident...
AUD/USD falls sharply to 0.6740 as US Dollar steadies ahead of US Retail Sales
The Forex Market· 11 hours agoThe Aussie asset declines as the US Dollar (USD) manages to get firm-footing as Federal Reserve...