February 20th news, the United States to February 15th week the number of initial jobless claims recorded 219,000 people, the market is expected to 215,000 people.
Gilt yields rose as expectations of fewer interest rate cuts intensified after the higher-than-expected UK inflation data, with headline inflation rising to an annual rate of 2.3 per cent in October from 1.7 per cent in September, above the consensus forecast of 2.2 per cent among economists polled by the Wall Street Journal. Richard Flacks, chief investment officer at Moneyfarm, said in a note: "This rise in inflation reduces the likelihood of a rate cut in December as policymakers remain cauti...
Fed Schmid said interest rates are likely to be significantly higher than they were before the COVID-19 pandemic; called for a prudent, gradual and prudent rate-cutting strategy; individuals prefer to avoid sharp rate cuts; "reasonably believe" that inflation will fall to 2 percent; and see the labor market normalizing, not worsening.
Federal Reserve Logan: Seeing a significant risk that inflation could persist above 2%, there are still "significant uncertainties" in the economic outlook.
Total nonfarm payrolls rose by 254,000 in September, higher than the previous 12-month average of 203,000 per month. Employment in food services, health care, government, social assistance and construction continued to trend upward.
"Terror data" is higher than expected, the Federal Reserve is more likely to cut interest rates by 25 basis points tonight? Gold fell by nearly $30 at a high day on the day; conflicts in the Middle East continue, Israel detonates pagers in many places in Lebanon... What major events happened in the world yesterday and this morning?
UBS now expects the Federal Reserve to cut interest rates by 100 basis points this year, up from a previous forecast of 50 basis points. Unless the August jobs report is strong, UBS believes the Federal Reserve will begin an easing cycle with a 50 basis point rate cut at its September meeting, UBS said in its report. "Our baseline judgment remains that the U.S. economy will avoid recession and growth will remain close to its 2% trend. With interest rates at a 23-year high, the Fed has enough fle...
On July 25, the preliminary annualized quarterly rate of real GDP in the second quarter of the United States recorded 2.8%, higher than the expected 2%.
USDC's weekly trading volume reached $23 billion, up from $9 billion in 2023 and $5 billion in 2022. Its market share is currently close to 14% of FDUSD, a record high.
On July 5th, the US non-farm payrolls recorded 206,000 after the June quarter adjustment, higher than market expectations, but slightly lower than last month's data.