« Back

U.S. Treasury Secretary Bessent Says Fed Far from Quantitative Easing, Expects Lower Oil Prices Post-Conflict

U.S. Treasury Secretary Bessent indicated that the Federal Reserve is not close to resuming quantitative easing measures. He also forecasted a decline in oil prices over the medium term once ongoing conflicts conclude.
Date: 12.03.2026  |  Source: FOR-EX.NEWS

Stay Informed!

Follow us on social media so you don't miss important news:

Get smart forecasts, analytics, and valuable insights — install our mobile app for even more power!

Quotes

Instrument Price Change (%)
EURUSD 1.151760 +0.058206%
GBPUSD 1.334850 +0.047219%
USDJPY 159.299000 +0.25867%
XAUUSD 5088.840000 +0.18871%
USDCAD 1.363560 -0.015398%
NZDUSD 0.585190 -0.037581%
USDCHF 0.785700 +0.70495%
AUDUSD 0.707820 +0.02685%
EURGBP 0.862770 +0.069592%
EURJPY 183.478000 -0.14748%
GBPJPY 212.653000 -0.20274%
AUDJPY 112.747000 -0.74389%
CADJPY 116.818000 -0.041073%
CHFJPY 202.731000 -0.47228%
NZDJPY 93.220000 -0.74426%
GBPCHF 1.048770 +0.26961%
EURCHF 0.904900 +0.32151%
USDMXN 17.834600 +1.0983%
USDZAR 16.734400 +1.58314%
USDTRY 44.186900 +0.23342%
USDRUB 79.496100 +0.44996%
USDSEK 9.342930 +1.39609%
USDCNY 6.868400 +0.049527%

Upcoming Important Events

Time Country Event Forecast Previous
13.03.2026
07:00 🇬🇧 Gross Domestic Product MoM (Jan) 0.2 0.1
11:30 🇺🇸 Gross Domestic Product QoQ (Q3) 1.4 4.3
12:30 🇺🇸 Core PCE Price Index MoM (Jan) 0.4 0.4
12:30 🇺🇸 Durable Goods Orders MoM (Jan) 1.2 -1.4
12:30 🇺🇸 GDP Growth Rate QoQ (Q4) 1.4 4.4
12:30 🇺🇸 Gross Domestic Product QoQ (Q3) 1.4 4.3
12:30 🇺🇸 Gross Domestic Product QoQ (Q4) 1.4 1.4
12:30 🇺🇸 Personal Income MoM (Jan) 0.5 0.3
12:30 🇺🇸 Personal Spending MoM (Jan) 0.3 0.4
12:30 🇨🇦 Unemployment Rate (Feb) 6.6 6.5