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Fed's Goolsbee warns political interference with Fed could fuel inflation
Chicago Federal Reserve (Fed) President Austan Goolsbee said on Thursday that the economy remains broadly stable but warned that tariffs and war-related price increases are complicating the inflation outlook.
Euro trims intraday losses as traders weigh Fed-ECB interest rate outlooks
EUR/USD holds firm on Thursday after coming under pressure on the previous day as the latest US inflation figures helped the US Dollar (USD) regain some lost ground.
US Dollar: Fed repricing risk weighs on usd – BBH
Brown Brothers Harriman’s (BBH Elias Haddad notes the US Dollar (USD) is consolidating gains, with the US Dollar Index (DXY) testing its 200‑day moving average resistance and United States (US) data showing Personal Consumption Expenditures (PCE) Price Index inflation stuck above the Fed’s 2% target
Swedish Krona: Inflation risks may prompt tougher Riksbank stance - BNY
BNY’s Geoff Yu says rising Swedish import prices and continued weakness in the krona are adding to inflation risks. He expects the Riksbank to adopt firmer language on SEK valuations and sees scope for the market to bring forward expectations for the next rate hike.
Russia Central Bank Reserves $ increased to $761.2B from previous $755.6B
Russia Central Bank Reserves $ increased to $761.2B from previous $755.6B
Euro: Choppy range trading outlook – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses EUR/USD dynamics around divergent inflation and policy outlooks in the US and Eurozone.
US Initial Jobless Claims dropped to 203K last week
According to a report from the US Department of Labor (DOL) released Thursday, the number of US citizens submitting new applications for unemployment insurance fell to 203K for the week ending August 22.
United States Goods Trade Balance came in at $-118.8B below forecasts ($-99B) in July
United States Goods Trade Balance came in at $-118.8B below forecasts ($-99B) in July
United States Wholesale Inventories came in at 1.3%, above forecasts (0.1%) in July
United States Wholesale Inventories came in at 1.3%, above forecasts (0.1%) in July
Canada Current Account came in at 8.84B, above forecasts (-2B) in 2Q
Canada Current Account came in at 8.84B, above forecasts (-2B) in 2Q
United States Goods Trade Balance came in at $118.8B, above forecasts ($-99B) in July
United States Goods Trade Balance came in at $118.8B, above forecasts ($-99B) in July
United States Continuing Jobless Claims below forecasts (1.79M) in August 14: Actual (1.778M)
United States Continuing Jobless Claims below forecasts (1.79M) in August 14: Actual (1.778M)
United States Initial Jobless Claims came in at 203K, below expectations (208K) in August 21
United States Initial Jobless Claims came in at 203K, below expectations (208K) in August 21