BoC published a minutes-like document yesterday for the first time to improve transparency. The minutes noted, “members were in broad agreement that, going forward, it would be appropriate to pause any additional tightening to allow Read more…
Fed Christopher Waller said in a speech that while some believe that inflation will come down quite quickly this year, “I’m not seeing signals of this quick decline in the economic data”. “I am prepared Read more…
Minneapolis Fed President Neel Kashkari said yesterday, “there’s not yet much evidence, in my judgment, that the rate hikes that we’ve done so far are having much effect on the labor market.” “We need to Read more…
New Zealand Dollar Outlook NZD/USD appears to be stuck in a narrow range as it holds above the weekly low (0.6271), but the exchange rate may struggle to retain the advance from the January low Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent uptrend resistance EUR/USD at risk for further short-term losses Resistance 1.0943, 1.11, 1.1275– support 1.0705, 1.0457/61 (key) Euro plummeted 3.3% off multi-month highs Read more…
KEY TAKEAWAYS: NY Fed President John Williams spoke on the current state of monetary policy and its impact on markets this morning. He stated that the forecasts submitted by Fed officials in December are still Read more…
Holiday and seasonal events at Disney and Universal Studios theme parks have prompted a rival to roll out a new festival to attract guests. Disney and Universal Studios theme parks are known for a lot Read more…
Twitter found a red line that politicians can’t cross, but quickly erased it. Content moderation was one of the biggest questions that arose when Elon Musk first took over Twitter for $44 billion last fall. Read more…
Homer Simpson is working class. Ned Flanders is middle class. Jake Peralta is working class. Phil Dunphy is middle class. Darryl Philbin is working class. Jim Halpert is middle class. Any questions? Working Class vs. Read more…