Boston Fed President Susan Collins said on Wednesday that while holding interest rates steady remains her base case, the Federal Reserve may still need to tighten policy further if inflation pressures fail to ease. Speaking at the Boston Economic Club, Collins stressed that the longer the Middle East conflict persists, the greater the inflation risks […]
The post Collins: Fed Should Hold for Now but Hike Risk Has Increased appeared first on ActionForex.
Key Highlights GBP/USD was rejected near the 1.3650 resistance. It traded below a bullish trend line with support at 1.3580 on the 4-hour chart. EUR/USD could struggle to stay above 1.1650 if it remains below Read more…
Minneapolis Fed President Neel Kashkari signaled Wednesday that the Federal Reserve remains firmly focused on inflation risks, warning that stronger labor market conditions and rising energy-driven price pressures are strengthening the case for maintaining a Read more…
ECB Chief Economist Philip Lane signaled on Wednesday that the Iran-related oil shock may require ECB tightening to prevent higher energy prices from spreading into wages, inflation expectations, and broader consumer prices. Speaking in London, Read more…