On Wednesday, the British pound surged to its highest level in over a year, exceeding $1.30. This increase came after the release of data indicating […]
Tag: Interest rates
Federal Reserve Holds Rates Steady, Signals Only One Rate Cut in 2024 Amid Slower Inflation Decline
1. Interest Rate Decision: – The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for the seventh consecutive time during […]
RBI Maintains Key Interest Rates at 6.50% and Provides Economic Outlook
The Reserve Bank of India (RBI) has kept interest rates unchanged: – Actual: 6.50%– Expected: 6.50%– Previous: 6.50% In addition, the RBI maintained the Cash […]
Federal Reserve Chair Jerome Powell’s Outlook on U.S. Inflation and Monetary Policy: Insights and Caution
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year. However, he acknowledges a decrease […]
Federal Reserve Holds Interest Rates Steady at 5.50% and Plans to Slow Balance-Sheet Reduction
The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with the previous rate. Market expectations […]
Analyzing Morgan Stanley’s Insights: Navigating Earnings Season Amidst Rate Pressures
Morgan Stanley noted that the current earnings season has seen a notable high beat rate, but the response in stock prices has been subdued. They […]
U.S. Inflation Moderately Rises in March, Fed Expected to Hold Rates Until September
The Commerce Department’s Bureau of Economic Analysis reported a moderate increase in U.S. inflation for March, with the Personal Consumption Expenditures (PCE) price index rising […]
US Economy Slows More Than Forecasted in Q1 2024: A Comprehensive Overview
In the first quarter, the United States’ GDP growth rate was 1.6%, below the anticipated 2.5% and lower than the previous quarter’s 3.4%. In the […]
Market Turbulence: The Dow Jones and Volatility Index $VIX Amidst Inflation Data Expectations
Volatility index, $VIX, experienced a significant surge of 23% this week. This marks the largest weekly jump since September 2023, showcasing heightened market volatility. Additionally, […]
FOMC Holds Steady: Target Range Maintained at 5.25% – 5.50%
The FOMC has decided to keep rates unchanged, maintaining the target range at 5.25% – 5.50%. Additionally, there is no change in the interest on […]
Bank Term Funding Program Update: Ceasing New Loans, Adjusted Interest Rates, and Implications for Market Stability
The issuance of new loans under the Bank Term Funding Program ends as scheduled on March 11. Eligible institutions can continue accessing the program for […]
Swiss National Bank Posts $3.62 Billion Annual Loss in 2023 Due to Currency Appreciation and Monetary Policy Adjustments
In 2023, the Swiss National Bank (SNB) reported an annual loss of 3.2 billion Swiss francs ($3.62 billion), attributing it to the appreciation of the […]