dollar, Fed
Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
The dollar was firm on Monday as U.S. economic resilience raised expectations for Fed rate hikes, while the debt ceiling deal sparked some risk-on sentiment.
Dollar steady on mounting Fed hike bets, debt ceiling deal optimism
The dollar held firm on Monday supported by growing expectations of further rate hikes by the U.S. Federal Reserve, though news that a debt ceiling deal had been finalised drew some of the safe haven bids away from the greenback.
Fed's Goolsbee says U.S. debt ceiling deal avoids 'extremely negative' consequences
Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of a deal to suspend the U.S. debt ceiling, saying failure to forge an agreement would be "extremely negative" for the financial system and broader economy.
Gold trades in tight range on US debt limit deal, Fed rate hike bets
Gold prices were flat on Monday, stuck in a tight range as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal.
US debt ceiling deal positive but Fed borrowing may prop dollar higher
As the high drama over the debt ceiling is over, markets reacted positively as the risk of the US government defaulting on its payments has subsided. The medium-term impact of this move will cause the US dollar and US bonds to rise once again,
Gold prices dip on US debt ceiling deal, Fed rate-hike bets
Gold prices declined by 0.3% and settled at $1,941.45 per ounce as a deal on the U.S. debt ceiling and concerns over the long-term interest rates favoured the US dollar. According to the CME FedWatch tool,
Next week promises any debt deal relief may prove short-lived with jobs report, Fed decision looming
Even if fear of a debt crisis ends and AI-related euphoria quiets down, markets after Memorial Day still have to face May's ...
The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says
AI stocks are in a "baby bubble" and could burst as interest rates stay high and financial conditions tighten, Bank of ...
Chicago Fed president: Negotiating on debt ceiling so close to deadline ‘definitely a little dangerous’
The president and CEO of the Federal Reserve Bank of Chicago, Austan Goolsbee, said on Sunday that negotiating the debt ...
Democrats, GOP to hold talks following tentative debt ceiling deal
Fox News congressional correspondent Chad Pergram discusses the latest developments following President Biden and Speaker ...