The Fed Faces Its Second Meeting with Warsh Amid Pressure to Raise Rates
The Fed meets with Warsh at the helm. Investors expect rates to remain unchanged, but a third foresee a hike due to inflation.
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Between September 10 and 18, interest rate hikes are expected from major central banks, which could impact the markets.
The Fed meets with Warsh at the helm. Investors expect rates to remain unchanged, but a third foresee a hike due to inflation.
Silver climbs 2.27% to $59.45 driven by falling oil prices and a weak dollar, as the market awaits the Fed's decision.
The Fed maintains rates at 3.50%-3.75% amid improved inflation at 3.5% and unemployment at 4.2%, though Middle East conflict and oil prices keep alert.
Gold drops 0.2% to $4,037 per ounce due to expensive oil and fears of a Fed rate hike in September.
The Fed will keep rates at 3.50%-3.75% due to persistent inflation and solid employment, according to analyst consensus.
The USD/VND exchange rate has only depreciated by 0.1% in 2026, thanks to FDI and central bank management.
Analyst Juan Ignacio Crespo warns that liquidity in the markets has disappeared, with the Fed injecting $35 billion daily and reverse repo at lows.
Beth Hammack, president of the Cleveland Fed, calls for rate hikes amid a core inflation of 3.3% and a fully employed labour market.
Bitcoin options bets surge for it to hit $72,000 by month-end, coinciding with the Fed meeting.
The Mexican Stock Exchange advances 1.53% to 54,226.93 points, driven by Wall Street and US employment data.
Gold falls 5.95% in July to $4,022, weighed down by fears of Fed rate hikes due to oil inflation, despite the escalating conflict between the US and Iran.