US economy

Forex News

US Dollar Starts Recovering Before Remarks by Fed Officials

The US dollar is beginning to regain some strength ahead of anticipated remarks from Federal Reserve officials, sparking renewed interest in the currency markets. Analysts have been closely watching these upcoming speeches for clues on the central bank’s approach to interest rates and inflation control in the coming months. The dollar’s recent decline has left

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Forex News

US Producer Prices Rise Past Estimates in January as Inflation Pressures Mount

The US producer price index (PPI) rose more than expected in January, signaling persistent inflationary pressures that could influence the Federal Reserve’s future monetary policy decisions. According to the latest data released by the Labor Department, wholesale prices climbed sharply, surpassing analysts’ projections and raising concerns about the resilience of price growth across various sectors.

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Forex News

Fed Chair Signals No Rush to Cut Interest Rates Amid Economic Uncertainty

Federal Reserve Chair Jerome Powell has made it clear that the central bank is not in a hurry to cut interest rates, citing persistent economic uncertainties and the need to ensure inflation is firmly under control. Powell’s comments come as markets have been speculating about potential rate cuts, with investors closely watching for any signs

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Forex News

US GDP Growth Misses Estimates in Fourth Quarter

The US economy expanded at a slower pace than expected in the fourth quarter, raising concerns about future growth prospects. Despite steady consumer spending and business investments, the latest data revealed that gross domestic product (GDP) growth did not meet analysts’ forecasts. This slowdown suggests that economic momentum may be weakening as inflation, interest rates,

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