Fed is at or near peak for the Federal Funds Rate

[ad_1] Share: Federal Reserve (Fed) Bank of New York President John Williams said on Friday that the central bank may be done raising interest rates since inflationary pressures are going back towards the 2% target, although still elevated. Key quotes “Monetary policy is having the desired effects on the economy.” “Fed is at

Feds Williams: Fed is at or near peak for federal funds rate

[ad_1] NY Fed President Williams is a speaking and says: Monetary policy is having the desired effects on the economy Fed is at or near peak for federal funds rate. Fed will need restrictive policy stance for some time to achieve goals. Sees inflation ebbing to 3.25% this year, heading to 2% in 2025. Future

GBPUSD Slips Again As UK Rate Outlook Hangs Heavy On Sterling

[ad_1] BRITISH POUND TALKING POINTS AND ANALYSIS • GBPUSD Inches Down in Europe • Last week’s surprise Bank of England decision to hold rates still weighs • US Durable Goods data will be the near-term focus Recommended by David Cottle Get Your Free GBP Forecast The British Pound slipped just a little against the United

ECB’s Müller says that as things stand, not expecting any more rate hikes

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do

ECB’s Lane: 4% rate will do quite a bit to bring inflation to 2%

[ad_1] > ECB’s Lane: 4% rate will do quite a bit to bring inflation to 2% ECB’s Lane speaking on Yahoo finance interview ECB’s Lane 4% rate will do quite a bit to bring inflation to 2% ECB is still very data dependent expects rates to held sufficiently long at 4% Key wage data will

Further interest rate hikes likely with inflation still too high

[ad_1] Share: Further interest rate increases will likely be appropriate, with inflation still being too high, Federal Reserve Governor Michelle Bowman said on Friday, per Reuters. Key quotes “Fed policy will need to be held at a restrictive level for some time to return inflation to 2% ‘in a timely way.” “Continued risk of

Gold turns choppy amid uncertainty over interest rate peak after stable Fed policy

[ad_1] Share: Gold price trades sideways as uncertainty about the interest rate outlook persists. The Fed kept interest rates unchanged but left doors open for further policy tightening. Unlike other G7 economies, the US remains resilient on the grounds of a strong labor market and upbeat consumer spending. Gold price (XAU/USD) struggles to