EUR/USD drops as Trump's tax cut bill to boost US inflation – FXStreet
EUR/USD is facing pressure above 1.0500 as the US dollar profits amid a strong recovery in bond yields in the US dollar. The Republican-controlled House passed a $4.5 trillion tax cut plan on Tuesday. Investors are awaiting the February spare German HICP and January U.S. PCE inflation data scheduled for Friday. EUR/USD continues to face […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Inflation Fears Drive Safe-Haven Demand? – FX Empire
In addition to market uncertainty, U.S. consumer confidence fell sharply from 105.3 to 105.3 in February, marking the sharpest decline since August 2021, according to the conference committee. This decline reflects a growing caution among American consumers, which could weaken economic growth and increase the demand for safe inventory assets like gold. Traders are also […]
Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it
The war is over: not the war in Ukraine or Gaza – I mean the war with inflation. Naturally, shoppers are still shaking around grocery aisles, and recently egg prices. Meanwhile, economists, politicians and critics continue to sweat what is called the “sticky” category of rising goods, services and wages, especially after the accelerated consumer […]
Asia-Pacific markets mostly fall as U.S. data stokes fears of sticky inflation and slower growth – CNBC
Hong Kong. Nicada | E+ | Getty Images The Asia-Pacific market fell primarily on Monday after Wall Street recorded its worst session last week as US economic data pointed to economic decline and sticky inflation. Mainland China's CSI300 index fell 0.22% to close to 3,969.72. Hong Kong's Hangsen Index closed 0.58% lower at 23,341.61 after […]
Trump Changes Tune on Inflation
The tariffs could be Trump’s downfall. John Iadarola, Michael Shure and Cenk Uygur discuss on The Young Turks. Do you agree … source
Gold News: Will Upcoming PCE Inflation Data Reinforce Gold’s Appeal? – FX Empire
Daily Gold (Xau/USD)The broader trend in gold remains bullish, with the $3,000 level as an important psychological target. Strong, safe demand driven by US trade tensions and escalating sustained inflation risks supports further benefits. Next week, traders will focus on core personal consumption spending (PCE) deflators, with economists expecting a 0.3% increase. Other important reports […]
US consumer sentiment plunges on worries over prices from inflation and tariffs
Kraman Countdown panelists Kenny Polkari and Jose Torres unleashed the stress of consumers. U.S. consumer sentiment fell more than expected for more than a year in February, while expectations about inflation rose amid uncertainty surrounding President Donald Trump's tariff plans. The University of Michigan Consumer Survey released its Consumer Sentiment Index on Friday, which fell […]
$5,000 DOGE ‘dividend checks’ — genius plan or inflation fuel?
On Wednesday, President Trump used 20% of his money to issue payments to taxpayers where Doge's hard-earned money was spent, in order to cut Doge from corrupt and wasteful government agencies I came to the idea of doing it. The eccentric cause. According to calculations, if Doge recovers the $2 trillion that it is projected […]
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
According to the University of Michigan, consumer attitudes towards the economy immersed during President Trump's first month in office. Monthly Consumer Survey Released on Friday. Consumer sentiment fell nearly 10%, down from 71.7 in January to 64.7 in February. According to Monthly Research Director Joanne HSU, DIP appears to be heavily driven by consumer concerns […]
Fed officials flag rising inflation risks over Trump policies, tariffs
John Lonesky Group's president, while appearing in “Varney & Co.”, breaks down President Donald Trump's economic agenda. A trio of Federal Reserve officials concluded Thursday to pave the way for more interest rate cuts as the most likely scenario, whilst they still think inflation will be cool over time, the president's uncertainty Certainty Donald Trump's […]