rate hike
Showing results for: "rate hike"
Is The Fed Skipping June Rate Hike?
The focus of attention is currently directed towards the U.S. Senate, where the passage of the debt limit is being closely observed. Concurrently, senators are engaged in debates concerning 11 amendments to the bill. The value of the dollar has experienced a significant decline of over 0.6%, largely influenced by the expressed …
Rate Hike Expectations Falter as PPI Plummets.
The US Producer Price Index came in lower than expected The US Federal Reserve’s rate hike expectations have continued to wane amid a flurry of lacklustre economic data. The latest blow to inflationary pressures came from the Producer Price Index (PPI) released by the Bureau of Labor Statistics, which displayed a significant …
Mixed Asian Shares After Surprise Rate Hike by RBNZ
Asian markets were mixed as investors digested a US labour report showing a drop in job openings to their lowest level in almost two years in February. New Zealand’s central bank increased its benchmark cash rate by 50 basis points to 5.25%, causing the New Zealand dollar to strengthen by almost 0.9%. …
