Hot US Core CPI Boosts Fed Rate Hike Odds to 86%
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
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Recently added · Page 1Yen Surges as BOJ Rate Hike Bets and Intervention Fears Hit USD/JPY
The Japanese yen surged against the U.S. dollar amid suspected intervention and hawkish Bank of Japan comments. Expectations of imminent BOJ interest rate hikes and coordinated liquidity support mech…
USD/JPY Plunges as US Backs Decisive BOJ Rate Hike to Defend Yen
U.S. Treasury Secretary Scott Bessent strongly supported decisive monetary tightening by the Bank of Japan to combat yen undervaluation. His remarks effectively solidify expectations for a BOJ intere…
Hawkish Fed Signals Pressure US30; Rate Hike Odds Spike
Wall Street closed lower on Friday as Federal Reserve Chair Warsh signaled a hawkish stance, dampening hopes for a pause in rate hikes. Despite weekly gains for major indexes, strong inflation concer…