USD/JPY plunges to near 147.50 on speculation of Fed rate cuts in March, US PMI data eyed – FXStreet
share: The US dollar/yen pair fell due to expectations of a Fed interest rate cut in March. Japan's better-than-expected economic indicators may have supported the yen. The US dollar faces challenges due to weak US yields and improving risk appetite. The USD/JPY pair is trending lower as market confidence is restored on expectations […]
Daily Caller Reporter Mary Rooke Details Biden Admin’s ‘False’ Border Narrative, Says Agents Are ‘Fed Up’ With Crisis
Daily Caller columnist Mary Luke on Friday accused the Biden administration of feeding Americans a “false” border story during an appearance on “The Rod Arquette Show,” saying officials are trying to convince them of the crisis. “I'm disgusted,” he said. Luke appeared on the iHeart podcast to discuss the ongoing crisis at the southern border. […]
The Fed Has No Justification to Cut Interest Rates in March
Breitbart economics editor John Carney said there is nothing in the latest economic data to justify the Fed cutting rates after its March meeting. Said FOX Business host Larry Kudlow said in an interview Wednesday. Kudlow said economic data clearly shows that central bank tightening is not slowing inflation, so the move by Fed officials […]
Full effect of Fed rate hikes have not been seen, Bank of America CEO warns
Bank of America CEO and Chairman Brian Moynihan talks about Fed interest rate hikes, consumer resilience in 2024, and regulation of major banks. Bank of America's CEO warns that Americans are yet to feel the full effects of the Federal Reserve's 11 interest rate hikes. Bank of America CEO and Chairman Brian Moynihan reviewed the […]
Waller Says a Soft Landing Means Fed Can Wait on Cuts
good few months outlook soft landing Because the economy is no reason for the Fed to rush to cut rates. this was a solemn message Christopher Waller Fed Director He spoke Tuesday in a livestreamed conversation with David Wessel of the Brookings Institution. Waller's comments are seen as a pushback against the market's implicit view […]
Fed is within ‘striking distance’ of inflation goal, top official says
Federal Reserve President Christopher Waller said he is “increasingly confident that the central bank's annual inflation target of 2% is within range.” Waller said in a speech at the Brookings Institution that the Fed is on track to cut interest rates this year unless inflation accelerates. Inflation topped 9% in June 2022, well above the […]