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The Fed Wrestles with Rate Expectations as USD Bulls Continue Push
The US Dollar bullish theme has continued to run and the September FOMC rate decision seemed to do little to tame that trend. While the Fed is still forecasting rate cuts for 2024, they moderated their prior expectation from four cuts down to two, and with US economic data continuing to show strength there’s been a growing deviation between the United States economy and the rest of the world. Recent rate decisions in Europe and the UK give the appearance that central banks in those economies may be finished with rate hikes for this cycle. Collectively, that’s amounted to weakness in both currencies and that ... (full story)
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From bnnbloomberg.ca|Sep 22, 2023The UK economy is heading for a rocky final quarter of 2023 after a string of indicators this week prompted the Bank of England to halt its quickest monetary tightening in three ...
From @sevenloI|Sep 22, 2023|1 commenttweet: Fed’s Daly: Holding Rates This Week Doesn’t Predict What We Will Do Next Fed’s Daly: We’re Holding Rates Steady to Collect Information to See if More is Necessary tweet:
FED'S DALY: WE NEED TO GO AT A SLOWER PACE. tweet: FED'S DALY: I'M NOT READY TO DECLARE VICTORY. tweet: FED'S DALY: WE WILL NOT BE SATISFIED UNTIL WE'RE CONFIDENT INFLATION IS ON A PATH BACK TO STABILITY. tweet: FED'S DALY: THE US ECONOMY HAS A LOT OF MOMENTUM.
From corporate.nordea.com|Sep 22, 2023While some central banks are still hiking rates and others are not, most are probably at least near peak rates. Market pricing has moved clearly also longer out, and rates are ...
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From econostream-media.com|Sep 22, 2023The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 14 ...
From bnnbloomberg.ca|Sep 22, 2023Federal Reserve Governor Michelle Bowman signaled that she favors raising interest rates again and probably more than once, suggesting she would move more aggressively than her US ...
From raymondjames.com|Sep 22, 2023Wednesday’s Federal Reserve (Fed) decision to keep the federal funds rate unchanged wasn’t a surprise at all. Markets, as we argued last week, had predicted that the Fed was going ...
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- Posted: Sep 22, 2023 2:19pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,805
