Logo-color Logo-white

U.S. inflation numbers will be in the spotlight on Tuesday as U.S. Federal Reserve officials consider when it might be appropriate to begin lowering interest rates. Inflation pressures eased significantly last year largely without the economic pain that was feared when the Fed began aggressively hiking interest rates. But a resilient economic backdrop and strong […]

The post U.S. Inflation, Spending Data Will Help Set Fed Rate Cut Expectations appeared first on Action Forex.

previous

US February Employment: The Devil Is in the Details

next

Forex and Cryptocurrencies Forecast

Read More

19/04/2024

GBP/USD Edges Higher After Flat Retail Sales

The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%. Retail sales misses estimate The UK release retail sales were flat in March, after a revised 0.1% gain in February and missing the market estimate of 0.3%. Fuel sales were […]
03/04/2024

All Eyes on Euro Area Inflation

In focus today In the US, March ADP private sector employment and ISM Services are due for release. Yesterday’s labour market data supported the notion of labour markets gradually becoming more balanced. Hence, it will be interesting to see if today’s data corroborates this view. In the euro area, today’s focus is on euro area […]
26/08/2024

Fed Chair Powell Ready to Loosen Monetary Policy

In focus today We will have a quiet start to the week on the data front. The most important release today is the German Ifo index. Consensus expectations is for a small decline, which in that case would be the fifth consecutive month that would have happened. This would be in line with the PMI […]