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Analysts are scaling back their formerly higher expectations of a forthcoming US rate hike as high as 1%A second successive rate hike of 0.75% is now the consensus expectation following remarks from Fed member Bostic and lower than predicted inflation expectations data. This is causing a selloff in the US Dollar and rises in stock markets.
New Zealand CPI data released a few hours ago shows annualized inflation hitting 7.3%, an increase from the previous level of 6.9% and the highest annualized rate seen since 1990. The market had been expecting a lower rate of 7.1%.
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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Long-Term Bitcoin Holders Did Not Sell Amid the Market Crash: Coinbase ResearchStablecoin outflow will rise in the context of the Fed doubling down on rate hikes, which makes traditional finance attractive for depositors to earn higher yields. Yeah but does the outflow mean 😀🐂🐻?
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