Yearly Archives: 2024
Federal Reserve Maintains Interest Rates At 23-Year High, March Rate Cut Is Unlikely
Written on February 2, 2024 at 3:57 am, by 王建军
Monday, 5 Feb, 17:00 – US ISM Non-Manufacturing PMI (Jan) In November, the US non-manufacturing PMI increased to 52.7 from 51.8, rebounding from a 5-month low. However, economists anticipate a decline in demand for services in the current quarter as consumers redirect a greater portion of their spending towards goods. Tuesday, 6 Feb, 05:30 –Continue Reading
Powell’s Hawkish Statement Stirs Equity Market
Written on February 1, 2024 at 3:51 am, by 王建军
Jerome Powell emphasised that the central bank is not in a rush to shift its monetary policy and has ruled out near-term interest rate cuts The Federal Reserve’s interest rate decision aligned with market expectations, maintaining the rate at its current level. However, the notable aspect of the event unfolded in the statements made afterContinue Reading
Dollar Poise Ahead Of Interest Rate Decision
Written on January 30, 2024 at 5:29 am, by 王建军
The U.S. dollar has been trading sideways recently, as market participants await the pivotal Federal Reserve interest rate decision The U.S. dollar has been trading sideways recently, as market participants await the pivotal Federal Reserve interest rate decision, along with the release of the Federal Open Market Committee (FOMC) meeting minutes scheduled for Wednesday. TheContinue Reading
