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Monetary Tightening

All articles tagged with #monetary tightening

finance2 years ago

Investors Brace for Volatility Ahead of US Inflation Report.

The US April inflation report, set to be released on Wednesday, is expected to show a monthly increase of 0.4% and a 5% rise in the consumer price index. Investors will be closely watching the report as a significant deviation from forecasts may cause losses for those expecting the Federal Reserve to keep interest rates unchanged at its next meeting and potentially cut rates later this year as its year-long monetary tightening cycle ends.

via MarketWatch|
#federal-reserve#finance#interest-rates
business2 years ago

Oil prices hit new lows amidst demand and dollar concerns.

Oil prices fell to their lowest level in three weeks due to concerns about weakening demand growth in the second half of this year, particularly in the US, the largest consumer of oil in the world, amid higher interest rates. The fall in crude prices is also a result of the likelihood of more monetary tightening by the Fed, which can help the strengthening greenback. Additionally, flows from northern Iraq via Turkey remain halted, keeping around 450,000 barrels a day from the market.

via Investing.com|
#business#demand-growth#monetary-tightening
finance2 years ago

IMF Urges Vigilance as Financial Stability Risks Rise

The International Monetary Fund (IMF) has warned that risks to financial stability have increased, despite moves by advanced economies to calm market stress. IMF chief Kristalina Georgieva called for continued vigilance, particularly in low-income countries with high levels of debt. She also reiterated her view that 2023 would be another challenging year, with global growth slowing to below 3% due to scarring from the pandemic, the war in Ukraine, and monetary tightening. The IMF is against making crypto legal tender and has issued an action plan. The Fed's restrictive monetary policy has been cited as a key culprit behind recent bank failures.

via Fox Business|
#bank-failures#finance#financial-stability
finance2 years ago

Gold's Volatility Continues Amid Banking Crisis and Record Highs.

Gold slipped after rising above $2,000 an ounce for the first time in a year as a deal to buy Credit Suisse Group AG failed to fully ease fears over the global banking sector. Bullion surged 6.5% last week in its biggest advance since early on in the pandemic after several regional American lenders collapsed and concerns grew over the Swiss bank’s health. The ongoing banking woes are spurring bets that central banks may embark on a slower pace of monetary tightening. All eyes will now shift to the Fed’s two-day meeting that culminates Wednesday, “where the outcome is going to be the most difficult to predict in years,” said Ole Hansen, head of commodities strategy at Saxo Bank A/S.

via Yahoo Finance|
#banking-crisis#credit-suisse#federal-reserve