Stagflation risks have risen since the FOMC last met in January. Higher inflation and a weaker labor market is the FOMC’s worst nightmare as it puts the dual mandate in tension. How will Chair Powell and company balance these risks? We expect the FOMC to hold rates steady and maintain maximum flexibility. It goes without […]
The post FOMC Preview: Powell’s Job Not Getting Any Easier appeared first on ActionForex.
Markets Core bonds continue to feel the heat as the Brent crude price cruises above the $100/b mark. Again despite all efforts to lower them. The latest initiative came from the US Treasury which said Read more…
UK economic growth stalled at the start of the year, with GDP showing no expansion in January, falling short of expectations for a modest 0.2% mom rise. Sector data showed a mixed picture beneath the Read more…
We’re coming toward the end of the second trading week since the US-Israel joint attack on Iran caused major damage to both sides’ oil facilities and disrupted trade through the Strait of Hormuz — where Read more…