The Labour Department said on Friday that inflation accelerated at its fastest pace in November, since1982, putting pressure on the economic recovery and raising the stakes for the Federal Reserve. In the end, such pressure may push the dollar further higher.
The Consumer Price Index, which...
The US Federal Reserve is expected to announce that it will begin winding down the bond-buying program put in place last year, at the end of its 2nd to 3rd November 2021 policy meeting. Investors increasingly expect Fed officials to start raising the benchmark interest rate, which is currently...
A higher interest rate environment is expected, and the Fed has set the tapering timeline to happen within this year. If anyone were to benefit from such an environment, it would have to be the financial services sectors and banks. This week’s earning results should provide investors with deeper...
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