British pound is showing little movement on Wednesday. Early in the North American session, GBP/USD is trading at 1.2679, down 0.07% on the day. UK inflation climbs to 2.6% Inflation in the UK climbed to 2.6% in November, its highest level since March. The rise was driven by higher costs for petrol and food as […]
The post UK Inflation Jumps to 8-mth High, Pound Shrugs appeared first on Action Forex.
Summary As widely expected, the FOMC cut the target range for the federal funds rate by 25 bps at today’s meeting. However, one Committee member, who preferred to keep rates on hold, dissented. Wording in Read more…
The Federal Reserve Open Market Committee (FOMC) cut the federal funds rate to the 4.25% to 4.50% range and announced it would continue its balance sheet runoff. The Fed maintained its language on growth and Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Break out the winter boots and jacket if you haven’t already Read more…