In Focus Today In the US, new Fed Chair Kevin Warsh will hold his first press conference following the FOMC meeting. We expect the policy rate to remain unchanged at 3.75%, in line with market pricing. The focus will be on Warsh’s policy leanings, his assessment of the economy, and any indications of changes to […]
The post Riksbank and Fed Expected to Stay on Hold, with Focus on First Warsh-Led Meeting appeared first on ActionForex.
The US dollar remains well supported against most major currencies, although the next phase of its movement will largely depend on the outcome of the Federal Reserve meeting. Investors are adopting a cautious stance ahead Read more…
Markets The FOMC concludes its first meeting under new Chair Warsh tonight. The new policy statement is expected to drop the slightly dovish bias that was still present in April, even though it already faced Read more…
UK inflation data offered some relief ahead of this week’s Bank of England meeting, with headline CPI holding steady at 2.8% yoy in May, below expectations for a rise to 3.0% yoy. On a monthly Read more…