Energies
About: Designer
Recent Posts by Designer
Fed chairman: Recession may be a price to pay to crush inflation
Fed Chairman Jerome Powell warned that the bank will keep hiking rates at a sharp clip, even risking pressure on economic growth and the labor market, as it struggles to rein in runaway inflation. The hawkish comments cemented expectations that U.S. interest rates will end the year well above 4% – their highest level inContinue Reading
FOMC meeting day; traders try to avoid the risk
U.S. Dollar Index (USDX) The U.S. dollar edged lower in early sessions but remained near a 20-year high as the market geared up for another aggressive rate increase by the Federal Reserve. The U.S. Federal Reserve starts its latest two-day policy-setting meeting later today and is set to continue its policy of super-sized interest rateContinue Reading
Weekly Market Update – FOMC meeting week
Markets are tense before the FOMC meeting
After releasing faster-than-expected CPI data, the U.S. economy remains under heavy inflationary pressure. Additionally, retail sales increased along with the average hourly earnings which are expected to boost inflation. Market participants are expecting the Fed to hike rates aggressively for longer to nearly 4.5% which might set the U.S. economy in a Fed-made recession. Meanwhile,Continue Reading
Federal reserve is facing a new threat against the rising inflation
Our market analyst Mohammad Burqan explaining why Fed’s upcoming decision is crucial and what is the new challenge the Fed is facing
