Jerome Powell News Updates
Latest Jerome Powell news headlines.
Find List of Jerome Powell Trends 2024 from various News Websites / Blog / Articles
Find List of Jerome Powell Trends 2024 from various News Websites / Blog / Articles
Morning snapshot: Rand range bound ahead of key US inflation data
The rand remained range bound on Tuesday morning, ahead of key US inflation data and the Federal Open Market Committee (FOMC) minutes, while the JSE All Share index remained flat.Th rand started the day trading at R18.64 against the dollar,
Gold prices surge past $2300 in boon to JSE bullion stocks
Gold shares on the JSE are shining on the back of bullish gold prices, which rallied to more than $2 300 (R43 692) per ounce yesterday, the highest selling point for the precious metal and safe haven.Prices retreated towards the end of the
Gold hits another record high on Fed rate cut bets
Gold hit another record high yesterday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.The precious metal has enjoyed healthy buying in
Dollar steady as inflation data boosts June rate cut bets
The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June. The personal consumption expenditures (PCE) price index rose 0.3% in February, the Commerc
US Fed holds rates amid persistent price pressures
Last week again I commented that when the world economy (US) sneezes, the South African economy and financial markets catch a cold.The news the previous week that US inflation rate data were higher than expected was followed up last week by
Countries closing in on digital currencies but US lagging: study
The research by the US-based Atlantic Council think tank highlighted that all G20 countries with the exception of Argentina are now in one of those far-along phases although, notably, the United States is falling increasingly behind.
Global food prices cool an annual 10.5% in February - FAO Index
Consumers can breathe a bit more easily after the FAO Food Price Index (FFPI) in February cooled 10.5 % from a year ago.The Food and Agriculture Organisation (FAO) of the UN released the index on Friday. The FFPI, which is a measure
SA financial markets remain under pressure with fuel prices escalating
Domestic as well as global economic and political uncertainties continue to put South African financial markets under pressure. Although most share prices on the JSE are undervalued, and metal and commodity prices in rand and dollar prices
Rand hits Monday on surer footing after subdued US dollar trade
The rand began the week on better footing, dipping below the R19-mark yesterday on the back of a subdued US dollar as investors were cautiously awaiting US consumer inflation data today for clues on the potential trajectory of interest rates.
Dollar gains as markets await US inflation data
The dollar edged higher against the euro and other major currencies on Monday as investors await data on US inflation and retail sales this week for clues on when the Federal Reserve may begin widely anticipated interest rate cuts. The d