Federal Reserve Board Governor Christopher Waller is the latest Fed official to back pedal on rate cut expectations. Hos comments are here: Fed’s Waller says […]
More Fed’s Waller: The economy has supported the cautious approach by the Federal ReserveMore Fed’s Waller: The economy has supported the cautious approach by the Federal Reserve
Federal Reserve Board Governor Christopher Waller with more: Economy has supported Fed’s cautious approachCase for hiking rates is very remoteUnclear if neutral rate has changedDollar […]
Still more from Fed’s Waller: If unemployment goes up no reason to panicStill more from Fed’s Waller: If unemployment goes up no reason to panic
More again from Waller’s Q&A (which is now complete) Waller notes he looks through the loosening in financial conditions indexes because it’s mostly the stock […]
Fed’s Waller says may need to hold current rate for longer than expected, no rush to cutFed’s Waller says may need to hold current rate for longer than expected, no rush to cut
Federal Reserve Board Governor Christopher Waller ‘Still no rush’ to cutting rates in current economyFed may need to maintain current rate target for longer than […]
Forexlive Americas FX news wrap: Stocks stay hot, FX stays coolForexlive Americas FX news wrap: Stocks stay hot, FX stays cool
SNB’s Jordan: Lower inflation pressure allowed them to lower interest ratesUS sells 7-year notes at 4.185% vs 4.193% WIEIA weekly US crude oil inventories +3165K […]
US Treas Sec Yellen says not ready to discuss potential US retaliation over ChinaUS Treas Sec Yellen says not ready to discuss potential US retaliation over China
US Treasury Secretary Yellen: Says not ready to discuss potential US retaliation over Chinese excess capacity and subsidiesWants to have ‘constructive’ talks with Chinese officials […]
SNB Vice President Schlegel says the Bank has no target for the franc (CHF) exchange rateSNB Vice President Schlegel says the Bank has no target for the franc (CHF) exchange rate
Schlegel is favoured to take the top spot at the bank when current Chair Jordan leaves in September after a decade in the job. He […]
New Zealand data – March consumer confidence plunges to 86.4 (prior 94.5)New Zealand data – March consumer confidence plunges to 86.4 (prior 94.5)
From New Zealand comes the ANZ-Roy Morgan Consumer Confidence Index for March 2024 86.4 prior 94.5 The recession in New Zealand obviously weighing. ANZ comments: […]
The last time the Fed’s Waller spoke he put the focus on economic dataThe last time the Fed’s Waller spoke he put the focus on economic data
The highlight on the economic calendar later is a speech from Fed Governor Chris Waller. He has a hawkish bent, so there is some fear […]
GBPUSD under 100hr MA but holding above key support levelsGBPUSD under 100hr MA but holding above key support levels
The GBPUSD last Friday moved below its 200-day MA (at 1.2590), and the low of a swing area between 1.2594 to 1.26137. That should have […]