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As universally expected, the FOMC raised its target range for the federal funds rate by 25 bps at the conclusion of its policy meeting today. But the...
The Bank of England has a decision to make tomorrow. It is not “to hike or not to hie”. It is to hike by 25 or 50bps, that’s the question. As well as...
After silver’s big plunge on Monday, both precious metals have managed to steady the ship, suggesting the move at the start of the week was probably...
As in the US, retail sales in the UK also went down. They fell -1.0% in December, which is significantly lower than the forecast +0.5%. Analysts note...
The Australia dollar has started 2023 strongly, rising above 70 cents to highs since August. A softer USD and improved China sentiment have been key....
In general, inflation has been slowing over the last few months. Tomorrow, markets will get a look at December’s CPI print. Expectations are that the...
The Minutes from the December FOMC meeting showed that Fed members observed that a slowing of interest rate increases would allow the central bank to...