UK and European Allies Consider Seizing Russian Shadow Fleet Ships
The UK and its European allies are deliberating the potential seizure of Russian shadow fleet vessels amid ongoing geopolitical tensions. This move aims to curb Russia's maritime capabilities and enforce sanctions more effectively.
Fed's Goolsbee Signals Potential for Several More Interest Rate Cuts if Inflation Hits 2%
Federal Reserve official Austan Goolsbee indicated that if inflation reaches the 2% target, the central bank could implement multiple interest rate cuts to support the economy. This suggests a more dovish monetary policy stance ahead. The comments highlight possible shifts in the Fed's approach to managing inflation and economic growth.
Fed's Goolsbee Sees Encouraging and Concerning Aspects in CPI Data
Federal Reserve official Austan Goolsbee commented that recent Consumer Price Index (CPI) data included positive signs but also raised some concerns about inflation trends. His remarks highlight the mixed signals in the economic outlook affecting monetary policy considerations.
Gold reclaims $5,000 as US inflation data ignites Fed cut speculation
Gold reclaims $5,000 as US inflation data ignites Fed cut speculation
Macron Calls for Europe to Become a Geopolitical Power
French President Emmanuel Macron emphasized the need for Europe to strengthen its geopolitical influence amid global challenges. He advocates for increased unity and strategic autonomy to assert Europe's role on the world stage.
The Gold Market Shock No One Saw Coming – Russia's Stunning Return to the U.S. Dollar
A geopolitical volte-face may be unfolding and the Gold market is responding with historic force.
NY Fed GDPNowcast for Q4 Slightly Rises to 2.71%
The New York Federal Reserve's GDPNowcast for the fourth quarter has increased marginally from 2.69% to 2.71%, indicating a slight upward revision in economic growth expectations. This update provides timely insight into the US economy's performance for Q4.
Cleveland Fed Median CPI Rises 0.2% in January, Slightly Below Previous 0.3%
The Cleveland Fed's median Consumer Price Index (CPI) increased by 0.2% month-over-month in January, down from 0.3% in the previous month. This indicates a modest slowdown in inflation pressures for the period.
BOE Chief Economist Urges Caution Before Further Rate Cuts
The Chief Economist of the Bank of England has advised caution ahead of any additional interest rate reductions, signaling a careful approach to monetary policy adjustments. This stance indicates a potential pause in easing measures amid economic uncertainties.
USD/JPY eases as softer US CPI caps Dollar gains, Yen demand stays firm
USD/JPY eases as softer US CPI caps Dollar gains, Yen demand stays firm