With the labour market still evidently on fire in Feb, the FOMC statement (18.00 GMT) likely to omit the language that the Fed can be "patient" in beginning to normalise monetary policy. Capital Economics notes in a repo…
With the labour market still evidently on fire in Feb, the FOMC statement (18.00 GMT) likely to omit the language that the Fed can be "patient" in beginning to normalise monetary policy.
Capital Economics notes in a report on Tuesday:
Even with headline inflation below zero, we then anticipate a first hike in June, with the FOMC pushing the target range for the fed funds rate to 1.00-1.25% by the end of this year and 2.75-3.00% by end-2016.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…