*U.S. DOLLAR EDGES HIGHER; POWELL SPEECH LOOMS LARGE $USD 🇺🇸🇺🇸
will tone down its aggressive monetary tightening policy when it next meets in early February.
Federal Reserve Bank of San Francisco President Mary Daly said Monday the central bank could either raise rates by 50 basis points for a second straight time or slow down to a quarter-point hike. "Doing it in more gradual steps does give you the ability to respond to incoming information," said Daly, adding she expects the central bank to raise interest rates to somewhere above 5% before pausing.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Dollar Index bounces off seven-month low ahead of Fed Chair Powell’s speechUS Dollar Index (DXY) makes rounds to 103.15-20 as sellers pause after a two-day downtrend around the lowest level since June 2022. That said, the gre
Read more »
Week Ahead: Inflation, Earnings in Focus as Market Looks Ahead to 2023 | Investing.comMarket Overview Analysis by Pinchas Cohen/Investing.com covering: XAU/USD, S&P 500, Bank of America Corp, JPMorgan Chase & Co. Read Pinchas Cohen/Investing.com's latest article on Investing.com
Read more »
No. 15 Arizona edges No. 18 Oregon to complete weekend sweepNever count Arizona out.
Read more »
Stock picks to buy, 33 best investing ideas for 2023: Deutsche BankInvestors should buy these 33 stocks for the best shot at outperformance in 2023 — according to a Deutsche Bank group that's seen its stock picks double in value in five years
Read more »
Eric Powell's The Goon Under The Spotlight for 2023Before The Goon was published by Albatross Funnybooks or Dark Horse, it came out from Avatar Press. And it's time to revisit those days.
Read more »