Fundamental Analysis
Posted 5 hours ago
Fed's Kashkari: Appropriate time to reset FOMC statement
Fed official Neel Kashkari stated it was appropriate to reset the FOMC statement, signaling a policy shift. The comment reflects evolving Fed communication on monetary stance. USD pairs may react to changing rate-guidance signals, particularly EUR/USD and GBP/USD, as traders reassess Fed tightening expectations.
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Latest Updates
40 minutes ago
Fed's Kashkari projects one rate hike this year
Minneapolis Fed President Kashkari signaled one possible interest-rate hike in 2024, citing U.S.-Iran tensions and AI risks as reasons the Fed may need to tighten. USD strengthens on hawkish guidance; EUR/USD and GBP/USD likely to weaken as markets reprice rate expectations higher.
https://www.marketwatch.com/story/feds-kashkari-projects-one-interest-rate-hike-this-year-heres-what-changed-his-mind-3a6b428c?mod=mw_rss_topstoriesReplies
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