USDMOP USD/MOP
- 8.0163
- +0.0041+0.05%
USD/MOP News
Federal Reserve's Harker supports further rate cuts, but the specific timing remains uncertain.
① The president of the Philadelphia Fed, Harker, stated that the Federal Reserve plans to cut interest rates this year, but the timing depends on economic conditions; ② Harker believes that it may take longer than expected for inflation to fall to the 2% target, as the economy and labor market remain strong; ③ Harker will resign as president of the Philadelphia Fed at the end of June.
Fed's Harker: Fed Still on Rate-cut Path, Future Moves Driven by Data
Fed's Collins: Current Outlook Calls for Gradual, Patient Approach to Rate Cuts
USD Remains Firm as GBP Underperforms – Scotiabank
The Federal Reserve shifts to "market-based" inflation Indicators, adding optimistic support to the economic outlook.
Including Chairman Jerome Powell, senior officials of the Federal Reserve are increasingly relying on a lesser-known price indicator - "market-based" inflation, as a basis for their optimistic economic outlook.
US Dollar Moves Slightly Higher on Inflation Woes
AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.
The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.
Federal Reserve's Collins: The number of interest rate cuts in 2025 will be lower than previously expected.
Due to strong employment data and persistent inflation, Boston Federal Reserve President Collins is inclined to expect smaller rate cuts in 2025 than previously anticipated a few months ago.
Fed Signals Delayed Rate Cuts as Inflation Concerns Linger, Goldman Sachs Says
The deep recession alert has been sounded! USA credit card debt unexpectedly plummets.
In November, USA consumer credit decreased significantly by 7.5 billion dollars, with unpaid credit card and other revolving debt balances plummeting by 13.8 billion dollars, marking the largest monthly drop since the economic shutdown triggered by the COVID-19 pandemic. Analysis suggests that whenever there is such a sharp decline in revolving credit, the USA economy is often on the brink of recession or already in recession.
FOMC Minutes Signal More USD Upside – DBS
USD: Quieter Bond Markets Should Calm Things – ING
Forex Today: Markets Await Comments From Fed Officials Ahead of Friday's Job Report
The Federal Reserve suddenly sends a significant "bang" as Gold fluctuates sharply at 2659, triggering a liquidation frenzy in Bitcoin with over 0.23 million people facing liquidations.
The Federal Reserve suddenly made a significant "big bang" announcement! Gold prices are experiencing severe fluctuations at 2,659! Bitcoin has triggered a liquidation frenzy! Over 0.23 million people are facing forced liquidation!
What impact do Trump's tariffs have? Federal Reserve officials stated for the first time: Support for further interest rate cuts this year!
①Federal Reserve Governor Waller supports interest rate cuts this year, although he believes that tariffs imposed by the Trump administration may not significantly impact inflation. ②Waller expects the inflation rate to approach the Federal Reserve's 2% target in the coming months and believes that medium-term inflation will continue to move toward 2%.
Consumer Cos Up After Fed Minutes Quell Some Rate Fears -- Consumer Roundup
Yellen: Biden's pandemic spending may "slightly" drive up inflation, a stronger economy fuels U.S. debt selling.
Yellen stated that the government spending following the pandemic is necessary, and that high inflation mainly stems from supply chain issues; she is confident that inflation remains on a downward trajectory; the current sell-off of U.S. Bonds is due to the economy being stronger than expected, leading to a repricing of market interest rate expectations, but the term premium has begun to normalize; she hopes the Trump administration will take the deficit seriously and does not wish to see the 'Bond Vigilantes' make a comeback; after leaving her position as Treasury Secretary, she may return to the Brookings Institution.
Federal Reserve officials have differing views on the inflation outlook, and the policy path will adjust based on economic data.
At the Federal Reserve's December meeting, officials engaged in intense discussions regarding the persistence of inflation, and there were differing views on the potential level of interest rates in 2025.
Fed Minutes Suggest Officials Will Hold Rates Steady for Now -- 2nd Update
When Traders See the Fed Moving Next on Interest Rates -- WSJ