Peso May Slide to New Lows vs Dollar as Conflict Drives up Price Pressures, Rate Hike Expectations
6 Articles
6 Articles
Peso may slide to new lows vs dollar as conflict drives up price pressures, rate hike expectations
THE PESO could slide to new record lows against the dollar this week as the escalating conflict in the Middle East continues to push up global oil prices, heightening inflation concerns, and amid expectations of a rate hike from the US Federal Reserve this week. On Friday, the local unit sank by 14.5 centavos to […]
After the turbulent stock market week, fueled by the strong rally in the oil markets, investors are anxiously awaiting the US interest rate decision and the speech by Fed Chair Warsh. An interest rate decision is also scheduled in the United Kingdom.
The U.S. Federal Reserve could raise its rates as early as Wednesday to try to stem rising inflation. A heavy decision with consequences for credit, investment and markets, and which places its new president, Kevin Warsh, in the face of a first test of independence from Donald Trump.
The Federal Reserve will assess a rise in interest rates in the face of persistent US inflation, defying Donald Trump's political pressures.
Fed Chair Kevin Warsh under pressure to hike rates as inflation fails to cool: ‘Time to put up or shut up’
Back-to-back hotter-than-expected inflation readings may disappoint the majority of US central bankers who had been counting on price pressures easing on their own, setting the table for an interest-rate hike at the Federal Reserve’s meeting next week and potentially more to follow. US consumer…
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