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4 Hikes and 3 Cuts in Jerome Powell’s Era as Wall Street Keeps on Breaking Records
Can the dove -Jerome Powell- keep stock market afloat after being nominated by Joe Biden for his second term as the Fed's chairman.
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Breaking News
Treasury Secretary Janet Yellen Expressed her Vote of Confidence on Powell and Brainard
Treasury Secretary Janet Yellen believes Powell and Brainard has the most daunting of not letting inflation turning to an "endemic"
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Breaking News
Market Puts off Bets Against the Chair Pick for the Federal Reserve
Treasuries jumped above 1.6% anticipating FED to increase interest rates sooner
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Breaking News
Jerome Powell is Nominated as the FED’s Chair for the Second Term
President Joe Biden Nominated Jerome Powell as the FED's chair for the second consecutive term
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Breaking News
President Joe Biden Nears Decision for the FED Chair’s Job
President Joe Biden to announce pick for the FED chair's job in four days as markets debates over two of the candidates would tackle inflationary pressure
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Breaking News
Market Movements are Mixed as Traders Awaiting FED’s Stance on Rates Hike
Assets classes takes a pause awaiting for key policy decisions
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Breaking News
U.S. Inflation Data Came in as Sticky and Saw the Biggest Increase in 31 Years
U.S. CPI data shows Americans paid more for fuel and food in October and the market priced in two FED rate hikes in 2022
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Breaking News
U.S. PPI Rose Amid Rising Gasoline and Automotive Prices
U.S. PPI numbers show inflation is just not transitory as central banks globally echoed
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Breaking News
Global Markets Partly Muted Ahead of U.S. Inflation Data
Asian equities mixed, treasuries slipped and U.S. futures muted ahead of U.S. inflation data which is to shape federal reserves outlook on interest rate hike
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Breaking News
Equities Loose Steam as Central Banks Silent on Policy Measures to Tackle Inflation
Traders are strongly anticipating to the job report numbers tonight which would prompt FED to give specifics on start of the tapering later this month
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Breaking News
Bank of England Holds Interest Rate at Record Low
Matching tone with other central banks, Bank of England on Thursday announced to maintain interest rate
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Breaking News
Dollar Index Ticked Up and Equities Rallying on Optimism as FED Shuns Down Speculations
The dollar index and treasuring on a upward tick pressuring down its G-10 pairs, optimism from Asian equities to spillover to U.S. equities overnight