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Fed keeps rates steady, but sees more rate cuts for 2024

Investing.com -- The Federal Reserve kept interest rates steady on Wednesday for the third straight meeting, and signaled deeper cuts for next year as inflation is expected to cool faster…

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14 December 2023
Blog

Dollar takes a dive after Fed signals rate cuts next year

By Brigid Riley TOKYO (Reuters) - The dollar was under pressure on Thursday after the Federal Reserve's latest economic projections indicated that the interest-rate hike cycle has come to an…

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14 December 2023
Blog

Australian Consumer Inflation Expectations for December: 4.5% (prior was 4.9%)

This data tends not to have much of an AUD impact upon release. At the bottom of the hour is the November employment data: The jobs report was that booming…

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14 December 2023
Blog

Signs of life from oil but it’s a long road back from seven weeks of selling

Sentiment in oil might finally be so washed out that it's safe to wade in. The US announced another 3 million barrels of purchases to refill the SPR today and…

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13 December 2023
Blog / FOREX

Australian Treasury forecast CPI inflation only hitting 2.5% target in 2025/26

Australian Government (Department of Treasury) Mid-year Economic and Fiscal Outlook (MYEFO), main points: 2023/24 budget deficit at a$1.1 bln vs a$13.9 bln projected in May Budget deficit projected at a$18.8…

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13 December 2023
Blog

Market Outlook For Coming Week

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11 December 2023

Recent Posts

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