Markets The Fed kept its policy rate unchanged yesterday at 4.25%-4.50% and sticks with its wait-and-see attitude. The current centerpiece holds: the price stability target is at bigger risk than the maximum employment target and therefore warrants an extension of the rate pause. Especially with inflation still above 2% while the current unemployment rate is […]
The post If Labour Market Starts Deteriorating, Fed Will Revert to Last Year’s Playbook appeared first on Action Forex.
Bitcoin’s near-term rally is extending into a critical test of the $80k psychological barrier, with price action now entering a zone where multiple drivers converge. The move has been supported by strong risk appetite, with Read more…
Key Highlights EUR/USD started a fresh increase from the 1.1650 support zone. It cleared a key bearish trend line with resistance at 1.1710 on the 4-hour chart. GBP/USD gained pace for a move above the Read more…
Federal Reserve dissenters pushed back forcefully against the central bank’s perceived easing bias, signaling growing uncertainty over the policy path just days after the April 29 meeting. Minneapolis Fed President Neel Kashkari said current guidance Read more…