Currencies

European Union Producer Prices Rose 1.2 Percent in December

 Currencies

The U.S. Labor Department reported that employers added 517,000 jobs on a seasonally adjusted basis, an increase from 260,000 in December.

February 3, 2023

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Jerome Powell Again Stressed on “Price Stability” and hinted at “Unpopular Decisions”

Jerome Powell Again Stressed on “Price Stability” and hinted at “Unpopular Decisions”

Wall Street equity futures dropped and stocks in Europe fell as investors assessed hawkish comments from Federal Reserve officials and awaited remarks from Chairman Jerome Powell for clues on further path of interest rates amid a slew of corporate layoffs ranging from hi tech heavyweights like Amazon.com (AMZN) to banking giant Goldman Sachs Group (GS).

January 10, 2023

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St. Louis Fed James Bullard Admitted Fed’s Monetary Policy Had Only “Limited Effects”

St. Louis Fed James Bullard Admitted Fed’s Monetary Policy Had Only “Limited Effects”

U.S. stock futures are trading cautiously higher this European afternoon.

November 18, 2022

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