Prior was 11.0%Decision was unanimousDisinflation process is expected to continueRevises 2024 year-end forecast for inflation to 4.00% from 3.6%Boosts core inflation in 2024...
ByglobalreutersMay 9, 2024Lord Lamba, a popular skit maker, and Ifeoma Efiokwu, a skilled dancer, sparked dating rumours while on a boat tour in Mexico. Some...
ByglobalreutersMay 9, 2024Dearest gentle readers, During the weekend, I took a quick trip to Johannesburg, South Africa for the premiere of Bridgerton season 3, courtesy...
ByglobalreutersMay 9, 2024The EUR/JPY pair is steadily maintaining its upward trajectory, with a decisive rise to 167.64 in Thursday's session.
ByglobalreutersMay 9, 2024The Canadian Dollar (CAD) found some bids on Thursday after investors’ risk-appetite stepped up, bolstering markets out of safe-havens like the US Dollar...
ByglobalreutersMay 9, 2024Fed policy is restrictive but it may still take time to bring inflation downThe comments from Daly (and others) lately might as well...
ByglobalreutersMay 9, 2024The Dow Jones Industrial Average (DJIA) found further gains on Thursday as investors bet on Fed rate cuts to come after US Initial...
ByglobalreutersMay 9, 2024Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a...
ByglobalreutersMay 9, 2024A data-driven sell-off prompted the USD Index (DXY) to give away part of its recent advance amidst lower yields across the curve.
ByglobalreutersMay 9, 2024The US Dollar Index (DXY) is trading at 105.35, slightly down.
ByglobalreutersMay 9, 2024