Tag Archives: Weekly Highlight Event
Federal Reserve in No Hurry for Rate Cut; Investors Focus on Inflation Data
Tuesday, 13 Feb, 15:30 – US CPI (YoY) (Jan) Consumer prices for a range of goods and services surged beyond expectations in December, as reported by the Labor Department. The Consumer Price Index (CPI) for 2023 ended at 3.4%, slightly surpassing the previous figure of 3.1%, while economists had anticipated a reading of 3.2%. ThisContinue Reading
Federal Reserve Maintains Interest Rates At 23-Year High, March Rate Cut Is Unlikely
Monday, 5 Feb, 17:00 – US ISM Non-Manufacturing PMI (Jan) In November, the US non-manufacturing PMI increased to 52.7 from 51.8, rebounding from a 5-month low. However, economists anticipate a decline in demand for services in the current quarter as consumers redirect a greater portion of their spending towards goods. Tuesday, 6 Feb, 05:30 –Continue Reading
Anticipated Fed Interest Rate Decision
Wednesday, 31 Jan,21:00 – US Fed Interest Rate Decision Economists suggest the U.S. Federal Reserve may delay interest rate cuts until the second quarter, with June more likely than May. This adjustment follows comments from Fed Chair Jerome Powell last month, initially shifting expectations to March. Thursday, 1 Feb,14:00 – BoE Interest Rate Decision TheContinue Reading
