EUR/USD: FOMC Meeting Results: Why the Dollar Is Falling and Stocks Are Rising So, the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve took place on Wednesday, July 27. There were no doubts that the key interest rate would be raised. But how much? By 100 basis points (bp), which […]
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IMF projects Japan’s economic growth to continue, with a noticeable increase in consumption anticipated later this year. According to a report, Japan’s growth rate is expected to decelerate to 0.9% in 2024, largely due to Read more…
Fed Vice Chair Philip Jefferson indicated that with the economy showing robust job growth, Fed can focus “even more so” on ensuring that inflation returns to its 2% target. Jefferson acknowledged the slow progress in Read more…
UK set to report further softening in employment conditions Data accuracy issues persist, but wage growth could still move the pound GBPUSD needs to gain buying confidence above 1.2700 BoE leans towards a rate cut The Bank Read more…