Today, Fed also published its economic projections, which contain material changes from its September projections. The change in real GDP for 2024 is expected at 2.5%, compared to the previous…
Tag: financial market
Bank of Japan Leaves Rates at 0.25% as Fed Fallout Drives the USD/JPY
Bank of Japan keeps rates steady at 0.25%, USD/JPY volatility looms as traders eye Governor Ueda’s forward guidance….Read More
Composite PMI Rises To 56.6; SP500 Tests Session Highs
Composite PMI exceeded analyst expectations as the services sector expanded at the fastest pace since the reopening of the economy from Covid lockdowns….Read More
UK Inflation Rises to 2.6%, Challenging BoE Rate-Cut Timeline: GBP/USD Holds $1.27
UK inflation rises to 2.6%, pushing the BoE to reassess its rate-cut timeline amid surging wages and uncertain labor market trends….Read More