In an interview on CBS’s 60 Minutes, Fed Chair Jerome Powell emphasized the importance of ensuring inflation is convincingly on a downward trajectory toward 2% target before the central bank cut interest rates. He candidly stated, “it’s not likely that this committee will reach that level of confidence in time for the March meeting,” echoing […]
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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…