US dollar: A tactical selloff needs a clear shift to a more accommodative Fed – Goldman Sachs DollarIndex Fed CentralBanks Banks
"A convincing turn in the Dollar will likely require more calming inflation news and more balanced Fed policy. While some of the very recent news on inflation has been encouraging, we think a tactical Dollar selloff will require some acknowledgement of this by Fed officials this week.”
"At the meeting this week, we will primarily be focused on whether officials broaden that criteria to put more focus on slowing activity data. Until that shift is clearer, it will be difficult for the market to price a more accommodativeInformation on these pages contains forward-looking statements that involve risks and uncertainties.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-US Treasury Sec. Summers: Fed needs to take strong action to curb inflationCommenting on the US Federal Reserve (Fed) policy path, former Treasury Secretary Lawrence Summers noted that the Fed policymakers need to take strong
Read more »
EURUSD price steadies above 1.0200 with eyes on US Consumer Confidence, FedEURUSD price remains sidelined at around 1.0220, keeping the one-week-old trading range, as traders await fresh clues after a sluggish start to the ke
Read more »
Progressive Rep. Khanna blames inflation on Fed; says US should not export oil from strategic reserveU.S. Rep. Ro Khanna, a progressive from California, suggested that producing more goods in America rather than importing them from overseas will help lower inflation.
Read more »
U.S. Treasury yields nudge higher ahead of Fed meeting; recession risk in focusU.S. Treasury yields rose on Monday as investors geared up for a big week of corporate earnings and a key policy decision from the Federal Reserve.
Read more »
US week ahead: Fed rate hike decision and Q2 GDP in focus – Moody’sMoody’s Investors Services provides a detailed preview of the much-awaited Fed rate hike decision and the US advance Q2 GDP due on the cards later thi
Read more »
At world championships, U.S. dominance on track, U.S. fan apathy offDespite a number of impressive performances, there’s a belief in the track community that the U.S. still has a long way to go as a host.
Read more »