No comments on current US economic or monetary policy from Powell in Sweden
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Anticipating Federal Reserve Policy via Labor Market Reporting
The Job Openings and Labor Turnover Summary (JOLTS) numbers were released on Wednesday and the employment situation report is due on Friday. The impact of these reports on upcoming Federal Reserve guidance is something for traders to closely monitor as it carries implications for potential trading opportunities. Jim Iuorio joined NinjaTrader’s Jim Cagnina on a […]
Fed’s Kashkari backs interest rate hikes ‘at least the next few meetings’
The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few meetings,” said Minneapolis Fed President Neel Kashkari on Wednesday. In an essay published on his regional bank’s website, Kashkari said that he has projected that the […]