20 December 2023
Positive sentiment stemmed from the Federal Reserve's dovish statement last week indicating a potential pivot next year; as investors monitored the PCE price index, a benchmark figure crucial to the Inflation trend.
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20 December 2023
Positive sentiment stemmed from the Federal Reserve's dovish statement last week indicating a potential pivot next year; as investors monitored the PCE price index, a benchmark figure crucial to the Inflation trend.
19 December 2023
Sentiment from Federal Reserve officials who once again emphasized that the next move from the US central bank is not when a rate cut will be implemented but whether the current monetary policy is tight enough to bring Inflation to the 2% Target.
18 December 2023
Amid optimism for rate cuts next year even as a warning from a Fed official attempted to warn regarding the possibility of tight monetary policy next year.
15 December 2023
US jobless claims were light, but retail sales showed an unexpected increase. Initial Jobless Claims fell by 19,000 to 202,000 for the week ending December 9.
14 December 2023
The Federal Reserve signaled that its interest rate-hiking policy is at an end and that it sees lower borrowing costs in 2024.