Fed members see further increase in interest rates
April 24, 2023 10:22 amVideo
Latest News
- Microsoft reports earnings as AI wars intensify – Stock markets April 23, 2024
- Technical Analysis – Is gold ready for bearish correction? April 23, 2024
- XM and Singapore Red Cross: Stronger Together April 23, 2024
- Technical Analysis of Intraday Price Movement of Natural Gas Commodity Asset, Tuesday April 23, 2024. April 23, 2024
- Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Tuesday April 23, 2024. April 23, 2024
- Key events on April 23: fundamental analysis for beginners April 23, 2024
- EUR/USD and GBP/USD: Technical analysis on April 23 April 23, 2024
- Forecast for EUR/USD on April 23, 2024 April 23, 2024
- Forecast for GBP/USD on April 23, 2024 April 23, 2024
- Forecast for USD/JPY on April 23, 2024 April 23, 2024
- Outlook for GBP/USD on April 23. The pound resumed its decline without delay April 23, 2024
- Outlook for EUR/USD on April 23. Boring Monday went off without a hitch April 23, 2024
- Less reason to expect the dollar to weaken April 23, 2024
- The dollar is armed April 23, 2024
- GBP/USD: Simple trading tips for novice traders on April 22nd (US session) April 22, 2024
- EUR/USD: Simple trading tips for novice traders on April 22nd (US session) April 22, 2024
- GBP/USD: trading plan for the US session on April 22nd (analysis of morning deals). The pound continues to fall April 22, 2024
- EUR/USD: trading plan for the US session on April 22nd (analysis of morning deals). The euro will continue trading within April 22, 2024
- EUR/USD. April 22nd. Christine Lagarde’s speech will set the tone for the week April 22, 2024
- Technical Analysis – EURGBP brings bullish scenario back to the table April 22, 2024
Fed representatives have been consistently saying that interest rates should increase further. The CME FedWatch tool said there is 85.7% chance that the central bank will pursue a quarter-point rate hike in May, and a 25.4% chance of seeing another one in June, which will result in a final rate of between 5.0% and 5.25%.
Fed members John Williams, Christopher Waller, and James Bullard spoke about this a little earlier. Then, on Thursday last week, Michelle Bowman said the same thing.
This scenario of several Fed representatives expressing a united idea influenced and changed many market participants’ assumptions about a potential pause in rate hikes.
But despite all these statements, the dollar index, which measures the dynamics of the US currency against six other currencies, fell slightly by -0.12%.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: