The Federal Reserve publishes the minutes of its March 15-16 policy meeting on Wednesday (18:00 GMT) and investors will be parsing them for any clues about how quickly the balance sheet will be reduced. US data on inflation and the labour market have only strengthened since the March meeting, adding pressure on policymakers to consider […]
The post Fed Minutes to Offer Clues on Balance Sheet Plan as Yield Curve Inverts appeared first on Action Forex.
Key Highlights Gold started a fresh increase from the $2,535 support. It broke a major bearish trend line with resistance at $2,630 on the 4-hour chart. Oil prices are recovering and might rise toward the Read more…
Canadian Dollar and Mexican Peso faced sharp declines after US President-elect Donald Trump announced plans for aggressive trade measures targeting Canada, Mexico, and China. Trump stated that on January 20, as one of his first Read more…
Minneapolis Fed President Neel Kashkari signaled that a rate cut at the December meeting remains a “reasonable consideration,” reflecting ongoing debates within the central bank. Speaking to Bloomberg TV, Kashkari stated, “Right now, knowing what Read more…