Federal Reserve Chair Jerome Powell opened the door to a September rate cut on Friday, saying in a speech in Jackson Hole that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
China CPI inflation arrives at 0% YoY in July vs. -0.1% expected
China CPI inflation Outlook: China Consumer Price Index (CPI) was unchanged in July from a year ago after rising 0.1% in June, the National Bureau of Statistics of China reported on Saturday. The market consensus was for -0.1% in the reported period.
Morgan Stanley Expects Retail Inflation To Climb Back To 4% By March 2026
Morgan Stanley expects India’s retail inflation to climb back to around the 4% mark by the quarter ending March 2026. The brokerage forecasts inflation to ease to approximately 1.5% in July, before averaging between 2% and 2.5% in the quarters ending September and December.
Trump’s Plan to Add New 15% Tariffs on Imports: What You Need to Know
Learn about the Trump administration’s plan to temporarily impose tariffs on global imports using an old trade law. Discover why this matters and what could happen next.
Will Donald Trump unleash Wall Street?
According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast. Now, with the inauguration of Mr Trump imminent, American financiers will discover just how much cause they have for celebration.
US Jobs Report Likely to Inform Inflation Narrative – GoldSilverReports
- US jobs report likely to inform inflation narrative, US Dollar and Gold price.
- If the labor market is strong, the Federal Reserve could plough ahead with larger rate hikes.
- Gold price could continue south if a strong result solidifies expectations of a 0.5% rate hike in March.
Gold price has been in a downward spiral since the start of February, and with the next major release for the commodity likely to be the US Bureau of Labor Statistics US jobs report for February, scheduled for release on Friday, March 10, traders may be wondering whether this will continue.
Gold Price Forecast: Will XAU/USD defend 200DMA again after hawkish Federal Reserve?
Gold Price Forecast: Having failed to resist above the $1,800 mark, Gold price is extending the previous decline this Thursday, as the United States Dollar (USD) pauses its sell-off alongside the US Treasury bond yields. Investors assess the December US Federal Reserve (Fed) policy decision and Chair Jerome Powell’s comments.