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Dollar Jumps as a Hot US CPI Report Signals a Longer Fed Pause
The dollar index (DXY00) today is up by +0.38% at a 1-week high. The dollar jumped today after US Jan CPI unexpectedly ...
The New York Times25d
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told ...
Nasdaq22d
Dollar Gains as Fed Pauses Interest Rate Cuts
The dollar index (DXY00 ... agreed to raise interest rates if the economic outlook is realized. The Fed’s hawkish pause in interest rate cuts Wednesday was bearish for precious metals as ...
CBS News23d
Is the Fed interest rate pause good for mortgage rates?
After implementing three rate cuts ... Fed signals that rates will remain steady, it can create more certainty in bond markets, which could help stabilize mortgage rates. If investors interpret ...
Mexican Peso ends day with losses ahead of Banxico’s minutes
The Mexican Peso lost ground and slumped to a two-day low against the Greenback on Wednesday as US President Donald Trump ...
CNET21d
How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
This week, at its first policy meeting of the year, the Fed announced a pause from its rate ... If the Fed implements additional rate cuts or even simply signals that it plans to in the near ...
FXStreet23d
Australian Dollar declines due to increased likelihood of RBA rate cuts, Fed decision eyed
The Australian Dollar depreciates following the release of softer CPI data on Wednesday. Australia’s Monthly CPI for December 2024 increased by 2.5% YoY, remaining within the RBA target range of ...