28 March 2024
Investors Digested Earnings Reports
Investors digested earnings reports and looked ahead to the next Inflation data and comments by Federal Reserve officials for signals on the future path of interest rates.
Solution
28 March 2024
Investors digested earnings reports and looked ahead to the next Inflation data and comments by F...
Solution
27 March 2024
Investors digested US Consumer Confidence data that fell to its lowest level since November, ahea...
28 March 2024
Investors digested earnings reports and looked ahead to the next Inflation data and comments by Federal Reserve officials for signals on the future path of interest rates.
27 March 2024
Investors digested US Consumer Confidence data that fell to its lowest level since November, ahead of the Federal Reserve's next statement and key Inflation benchmark data later this week.
26 March 2024
The Dollar also fell as the risk of Yen intervention as well as the impact of the Yuan rally thanks to Chinese government support. After the US Federal Reserve's move last week to leave interest rates unchanged and signal 3x rate cuts this year, market participants will turn their eyes to the Personal Consumption Expenditures (PCE) price index data that was originally released by the Commerce Dept. on Friday to coincide with the Good Friday holiday.
25 March 2024
Federal Reserve Chairman Jerome Powell did not give any more clues regarding monetary policy, but the market continued to rally on the back of speculation that the chances of an interest rate cut as soon as June rose sharply to 74%, from 56% earlier in the week, according to CME's FedWatch Tool.
22 March 2024
The US central bank governors kept the benchmark interest rate/borrowing costs unchanged and indicated that they still expect to cut rates by 75 bps by the end of 2024.