RatesMarket
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#To find information about the USD exchange rates on Binance, you can visit the Binance website or check the mobile app. You can search for knowledge regarding exchange rates, market prices, and trade volumes specifically related to cryptocurrencies.
Exchange rates vary and fluctuate over time based on market demand, sales, and overall market conditions. When looking at exchange rates, it's important to consider market trends and trading activity.
You can also check USD exchange rates through other financial services and trading platforms for more information.
#usdoller #RatesMarket #USEquitiesRebound #CryptoNewss $BNB
#To find information about the USD exchange rates on Binance, you can visit the Binance website or check the mobile app. You can search for knowledge regarding exchange rates, market prices, and trade volumes specifically related to cryptocurrencies.
Exchange rates vary and fluctuate over time based on market demand, sales, and overall market conditions. When looking at exchange rates, it's important to consider market trends and trading activity.
You can also check USD exchange rates through other financial services and trading platforms for more information.
#usdoller #RatesMarket #USEquitiesRebound #CryptoNewss $BNB
Fed's Jerome Powell: "Not far" from confidence needed to cut rates
#TrendingTopic #RatesMarket
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank was "not far" from gaining the confidence it needs in falling inflation to begin cutting interest rates.
"I think we are in the right place," Powell said of the current stance of monetary policy in a hearing before the Senate Banking Committee. "We are waiting to become more confident that inflation is moving sustainably down to 2%. When we do get that confidence, and we’re not far from it, it will be appropriate to begin to dial back the level of restriction so that we don’t drive the economy into recession.”
The comment showed Powell's faith that recent higher-than-expected inflation readings and other strong economic data won't interrupt the ongoing decline in price pressures that took root last year.
The Fed chair has been reluctant to declare the inflation battle finished, and cautioned in testimony to the Senate panel, as he did Wednesday before the House Financial Services Committee, that further progress back to the Fed's 2% target was not assured.
The most recent data showed headline inflation, as measured by the Fed's preferred Personal Consumption Expenditures price index, at 2.4%, with a related measure of underlying inflation at a slightly higher 2.8%.
$BTC $XRP $ETH
#TrendingTopic #RatesMarket
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank was "not far" from gaining the confidence it needs in falling inflation to begin cutting interest rates.
"I think we are in the right place," Powell said of the current stance of monetary policy in a hearing before the Senate Banking Committee. "We are waiting to become more confident that inflation is moving sustainably down to 2%. When we do get that confidence, and we’re not far from it, it will be appropriate to begin to dial back the level of restriction so that we don’t drive the economy into recession.”
The comment showed Powell's faith that recent higher-than-expected inflation readings and other strong economic data won't interrupt the ongoing decline in price pressures that took root last year.
The Fed chair has been reluctant to declare the inflation battle finished, and cautioned in testimony to the Senate panel, as he did Wednesday before the House Financial Services Committee, that further progress back to the Fed's 2% target was not assured.
The most recent data showed headline inflation, as measured by the Fed's preferred Personal Consumption Expenditures price index, at 2.4%, with a related measure of underlying inflation at a slightly higher 2.8%.
$BTC $XRP $ETH
big new market bullish
FED INTEREST RATE RELEASED: 5.00%
#ratecut #RateCutExpectations #RatesMarket #BTC☀
FED INTEREST RATE RELEASED: 5.00%
#ratecut #RateCutExpectations #RatesMarket #BTC☀
Busy Week Ahead for Rate Markets Eyeing Major Economic Releases🤝
The rates market's focus will shift to a busy calendar this week, with ADP, JOLTS, ISM, FOMC, and NFP all on the horizon. While the Fed is pretty much guaranteed to keep rates on hold this meeting, an unfriendly combination of an expected strong jobs report could bring the December meeting back into play, which is currently pricing in less than 20% of another rate hike. However, as a caveat, the UAW strikes will create substantial noise around the BLS figures, where the agency is reporting that a fresh 30k of autoworkers would have temporarily dropped off payrolls for this month.
#RatesMarket #FOMC #NFP #RateHikeExpectations #LaborMarket
The rates market's focus will shift to a busy calendar this week, with ADP, JOLTS, ISM, FOMC, and NFP all on the horizon. While the Fed is pretty much guaranteed to keep rates on hold this meeting, an unfriendly combination of an expected strong jobs report could bring the December meeting back into play, which is currently pricing in less than 20% of another rate hike. However, as a caveat, the UAW strikes will create substantial noise around the BLS figures, where the agency is reporting that a fresh 30k of autoworkers would have temporarily dropped off payrolls for this month.
#RatesMarket #FOMC #NFP #RateHikeExpectations #LaborMarket
