Forex Today: Market Scales Back Fed Rate Hike Expectations

  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Markets are revising lower the estimated coming rate hike from the US Federal Reserve, causing a weaker US Dollar and stronger stock markets.

Enter your email

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%.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 567. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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 😀🐂🐻?
Fonte: Crypto_Potato - 🏆 568. / 51 Leggi di più »