fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

5 January 2024,06:07

Weekly Outlook

Federal Reserve’s Stance On Elevated Rates Amidst Inflation Signals

5 January 2024, 06:07

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Thursday, 11 Jan, 15:30 – US CPI (YoY) (Dec)

The consumer price index surged to 3.0% in November, surpassing the Fed’s 2% target, indicating continued advancement. The Fed’s commitment to sustaining elevated rates until inflation stabilises is a focal point for markets, alongside their future signals.

Friday, 12 Jan,09:00 – UK GDP (MoM) (Nov)

The UK’s economy saw an unexpected contraction in October, as GDP dropped from 0.2% to -0.3%. Despite predictions of steady rates from the BoE to address inflation, concerns persist over the subdued GDP figures. Most economists foresee growth stalling.

Friday, 12 Jan,15:30 – US PPI (MoM) (Dec)

In November, the US PPI for final demand stayed at 0.0%, falling short of the anticipated 0.1%. While the Fed signalled plans to maintain higher rates, the positive trend in PPI supports the prospect of a “soft landing” scenario down the line.

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create Live Account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!