Tag: Federal Reserve Bank

A crucial report Wednesday is expected to show little progress against inflation

ichitra.digital

[ad_1] Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia.  Elijah Nouvelage | AFP | Getty Images A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in the battle to bring down inflation. If so, that would be bad news for consumers, market participants and Federal Reserve officials, who are hoping price increases slow enough so that they can start gradually cutting interest rates later this year. The consumer price index, which measures costs for…

USA Treasury yields search for direction after the long weekend

ichitra.digital

USA Treasury yields saw minimal movement early on Monday after the extended Easter weekend, with the 10-year yield remaining flat while the 2-year yield dipped slightly. Investors are responding to the latest data on inflation, which indicates that the Federal Reserve may delay interest rate cuts. Analysts have varying opinions on the Fed’s future actions, with some forecasting no rate cuts this year and others anticipating more decisive measures. This week’s market focus will be on USA Treasury auctions, ISM manufacturing data, construction spending figures, and the upcoming March jobs…