USD/ZAR: Range floor at risk as ZAR richens – Societe Generale
USD/ZAR: Range floor at risk as ZAR richens – Societe Generale
USD/CHF Price Forecast: Consolidates in bearish triangle, threatens breakdown
USD/CHF Price Forecast: Consolidates in bearish triangle, threatens breakdown
XAG/USD surges above $90 as tariff fears temper and supply deficit fuels rally
XAG/USD surges above $90 as tariff fears temper and supply deficit fuels rally
AUD/USD jumps as hot CPI fuels RBA tightening bets
AUD/USD jumps as hot CPI fuels RBA tightening bets
Bostic Warns U.S. Must Protect Its Special Status in Global Economy, Emphasizes Fed Independence
Federal Reserve official Bostic highlighted that the United States' special status in the global economy is not guaranteed and requires active protection. He underscored the importance of maintaining Federal Reserve independence to ensure economic stability and confidence.
Fed’s Bostic Highlights Concerns Over Fed Independence Amid Legal and Rhetorical Battles
Federal Reserve official Raphael Bostic expressed worries that ongoing legal and rhetorical conflicts are undermining confidence in the Fed's independence. He emphasized that this erosion of trust is a significant issue for the central bank's credibility and effectiveness.
Fed's Bostic Highlights Central Bank Independence as Key to U.S. Safe Haven Status
Federal Reserve's Bostic emphasized that central bank independence enhances economic outcomes and boosts confidence, which helps maintain the U.S. dollar's position as a safe-haven currency. This perspective underlines the importance of policy credibility in global financial stability.
Pound to Euro News, Forecast: GBP Capped by Gorton and Denton Vote
GBP/EUR year-ahead forecast: Median, range and upside/downside risks based on projections from 20+ investment banks and FX analysts.View forecasts The Pound Euro (GBP/EUR) exchange rate wavered on Wednesday as mixed German data saw the single currency wobble. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14752 (+0.11%)Pound.
Musalem Anticipates Fed Chair Warsh to Maintain Commitment to Dual Mandate
Musalem expresses eagerness to learn about new Federal Reserve Chair Warsh's priorities, expecting the continuation of the Fed's commitment to its dual mandate of price stability and maximum employment. This signals potential policy continuity amid leadership change.
Fed's Musalem Highlights Govt Shutdown Impact on Inflation and Urges Continued Efforts
Federal Reserve's Musalem stated that the recent government shutdown may have temporarily depressed CPI through April, suggesting PCE as a more accurate inflation gauge. He emphasized the importance of completing the fight against inflation, noting that hitting the target could support consumption, economic growth, and potentially lower the 10-year Treasury yield.