Barr Indicates Possible Rate Hike If Inflation Stays High
Fed's Barr warns persistent inflation above target could lead to a rate hike if it doesn't moderate soon.
Fed's Barr warns persistent inflation above target could lead to a rate hike if it doesn't moderate soon.
Eurozone inflation matched expectations at 3.3%, while oil and yield gains triggered risk-off moves in risk assets.
South Korea's Kospi gained 0.23% on Tuesday as buyback-driven rises in Samsung and SK Hynix countered selling by foreign, institutional and retail investors.
Bitcoin fell after Fed Chair Warsh's hawkish speech at Jackson Hole. Traders now watch for a breakout of the 77K-80K range.
Bessent met BOJ's Ueda and Japan's Katayama at G20, urged rate hikes. Yen strengthened on the remarks.
BIS chief warns stablecoins may raise borrowing costs as banks adopt digital assets, risking higher loan expenses.
Bessent said the Fed should not hike into a supply shock, citing restrained inflation and AI productivity boom. His remarks followed Warsh's Jackson Hole…
Bitcoin's 26% August gain may be over, Fed Chair Warsh warned, as the era of easy money ends and interest rates rise.
EURUSD bounced from support at the 100-day MA and 38.2% retracement, now testing a swing area ahead of the 200-day MA.
Bessent says oil prices will drop, US 10-year yield is at Trump-era levels, and the Fed typically avoids rate hikes during supply shocks.
U.S. stocks opened lower on Monday, with the S&P 500 and Nasdaq falling below their 100-hour moving averages as yields and oil prices rose.
USDCAD fell after failing to break above the 100-day moving average, remaining between key technical levels.
US dollar strengthens after Warsh's hawkish speech; NZD/USD pulls back. RBNZ expected to hike to 2.75%. Markets eye upcoming data and RBNZ decision.
U.S. stock futures edged lower as markets weigh Fed Chair Warsh's remarks and look ahead to key economic data.
Gold fell sharply after Fed Chair Warsh's hawkish Jackson Hole speech, erasing most gains from the US Treasury announcement.