by Teresa Gomez | Aug 29, 2023 | News
Powell’s Jackson Hole Speech: Patience Urged Amidst Inflation Concerns 📌 On the previous Friday, Jerome Powell, the Chair of the Federal Reserve, delivered a speech during the annual economic policy conference held in Jackson Hole, Wyoming. The highly awaited... by Teresa Gomez | Aug 23, 2023 | News
Treasury Yields Ease as Jackson Hole Approaches, Pausing the Rally 📌 U.S. Treasury yields experienced upward movement on the longer end of the curve. The yield on the 10-year Treasury note dipped slightly by just over 2 basis points to 4.3063%, offering relief after... by Teresa Gomez | Aug 2, 2023 | News
Fitch downgrades US Credit Rating due to Economic Concerns 📌Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating from AAA to AA+ due to expected fiscal deterioration, governance erosion, and a growing debt burden. The... by Teresa Gomez | Jul 12, 2023 | News
Upcoming announcement of the US CPI has a significant impact on currencies 📌The U.S. dollar slumped to its lowest level in two months, while the British pound climbed to a 15-month high ahead of a crucial U.S. inflation report. The Dollar Index, which tracks the... by Teresa Gomez | Jul 3, 2023 | News
Central Banks struggle with the consequences of Monetary Policies 📌 The rapid increase in interest rates has posed significant challenges for central banks worldwide, particularly the Bundesbank and the Bank of Italy. These banks accumulated long-term bonds during the...
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