Recent speeches by representatives of the Federal Reserve's management suggest that interest rates will continue to rise gradually, which will help curb inflation against the background of rapid economic growth. This scenario makes investors increasingly nervous, Reuters writes. Under the influence of data showing a steady growth in the labor market and the service sector, the yield on US government bonds rose on Wednesday. Investors have increased the bets that the Fed will raise rates in 2019 two or three times. The American regulator does not expect a sharp increase in inflation in the country and intends to continue a gradual increase in rates.
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...