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The U.S. central bank is widely expected to signal a faster end to its bond-buying campaign and a quicker start to raising interest rates at its meeting. The statement will be released at 2 p.m. ET (1900 GMT), followed by Fed chief Jerome Powell news conference.
Last week,US CPI for November printed near expectations at 0.8% m/m, 6.8% y/y. This is the highest reading in the headline CPI report since 1982. The market saw optimism in last week over the Omicron variant of the new coronavirus may not be as bad as feared. BioNTech and Pfiz...
US CPI (Nov) printed near expectations at 0.8% m/m, 6.8% y/y. This is the highest reading in the headline CPI report since 1982
CPI 6.8% Y/Y, Exp. 6.8% CPI Core 4.9% Y/Y, Exp. 4.9% CPI 0.8%, Exp. 0.7% CPI Core 0.5%, Exp. 0.5%
U.S. consumer prices are expected to have jumped by 6.8% year-on-year in November, topping October 6.2% rise which was the biggest inflation surge in more than 30 years. A higher than expected number could convince the Fed it needs to act more aggressively. It is already expected to ann...
The Bank of Canada decides policy in 10 minutes and while economists expect no change at that meeting, economists forecast rate hikes as early as the middle of next year.
The Bank of Canada decides policy in 10 minutes and while economists expect no change at that meeting, economists forecast rate hikes as early as the middle of next year.
The continued spread of the Omicron coronavirus variant globally has buoyed safe-havens like the dollar and put pressure on riskier currencies over the past week. Last Friday, the Non-Farm Payrolls showed that the US economy added just 210,000 jobs in November, the unemployment rate dr...
U.S NONFARM PAYROLLS (NOV) ACTUAL: 210K VS 531K PREVIOUS; EST 550K U.S UNEMPLOYMENT RATE (NOV) ACTUAL: 4.2% VS 4.6% PREVIOUS; EST 4.5%
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