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British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?

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Reports gathered from sources indicates that the British Pound held onto to yesterday’s gains through the Asian session today, with the US Dollar remaining under pressure after Fed commentary. THE LEADING VIDEO CONFERENCING AND WEBINAR APP FOR BUSINESS AND ORGANIZATIONS Remarks from Cleveland Fed President Lorretta Mester and Kansas City Chief Esther George appeared to lead the …

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This is why it may take a while for housing inflation to cool off.

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KEY POINTS There are signs inflation may fall further in coming months, but housing threatens to mute any improvement. DOWNLOAD LIVE STORM : The Best Video Conferencing App FOR WEBINAR and Business The consumer price index, a key barometer of inflation, rose 7.7% in October from a year ago. While still quite high by historical standards, that …

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War in Ukraine: US condemns reports Russia may seize firms’ assets

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War in Ukraine: US condemns reports Russia may seize firms’ assets The United States has condemned reports that Moscow may seize the assets of businesses which have stopped operating in Russia over the invasion of Ukraine. White House press secretary Jen Psaki warned that such a move will result in “more economic pain”. Her comments …

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