On February 13, "Federal Reserve Messenger" Nick Timiraos: Due to the weak performance of the PPI component that makes up the PCE index (financial and medical services sub-item) in January, the monthly rate of the US core PCE index in January is expected to be much lower than yesterday's sharp increase in the monthly rate of CPI. A 0.27% month-on-month increase in the core PCE in January would reduce the annual rate of the core PCE from 2.8% to 2.6%.
The Bank of Korea said it expects inflation to rise next month due to the weak won, which is expected to remain below 2 percent in February. (Kim Ten)
Last week's unexpected weakness in US PCE led to a rebound in non-US assets. But this may only be a temporary relief, a pullback in the dollar or a buying opportunity on dips. This week, the "Christmas rally" is expected to arrive as scheduled... > >
Greene, a member of the Bank of England, said that the risk of weak consumption is that inflation may be below target, so it is necessary to cut interest rates more quickly. GBP/USD was short-term lower by 14 points.
Federal Reserve officials have spoken out intensively, gold has hit a record high, the weakness of the euro zone economy has stimulated the expectation of the European Central Bank to cut interest rates, Israel has entered a state of emergency, and the United States will send more troops to the Middle East... What major events have happened around the world last night and this morning?
The weakness of the US index continues to hit the previous low. Under the background of the expected rise in sharp interest rate cuts, can the key support be held? The future of the US-Japan exchange rate should pay more attention to... > >
Oil prices are expected to be depressed by weak demand, and the X below is the best price level for oil prices to rebound, but this change in the situation in the Middle East may make oil prices go away forever.
On August 19, Kashkari, the Federal Reserve, said he was open to cutting interest rates at the next meeting because the possibility that the labor market is too weak is rising. "The balance of risks has shifted, so the discussion about a possible rate cut in September is appropriate," Kashkari said in an interview. Kashkari said in June that there may be no need to cut rates until the end of the year. But the unemployment rate rose from 3.7% at the beginning of the year to 4.3% in July, indicati...
On the supply side, domestic coal mines have gradually increased production. At the end of June, the operating rate of 523 coking coal mines across the country exceeded 90% for the first time this year, and it has remained at around 90% in recent weeks. Although there is still a gap between the operating rate when coal mines were generally overproduced in the same period last year, it has improved significantly compared with the previous May. On the demand side, negative feedback from the black ...
Treasuries were higher as a weaker-than-expected U.S. producer price index (PPI) report supported the Federal Reserve to cut borrowing costs more aggressively this year. Tuesday's rise pushed the yield curve down by at least four basis points, with the two-year yield down about five basis points to just under 4 percent and the 10-year yield falling to around 3.9 percent. Jack McIntyre, portfolio manager at Brandywine Global Investment Management, said after the weak PPI report, "You can breathe ...