- Analytics
- News and Tools
- Market News
- Statements of Fed officials would be newsworthy if they questioned the rate pause in September – Commerzbank
Statements of Fed officials would be newsworthy if they questioned the rate pause in September – Commerzbank
Which Fed comments are of interest and which ones are not? Economists at Commerzbank analyze what is relevant for the US Dollar.
It matters to keep an eye on real economic data
It would seem that it is very important for Miki Bowman, a member of the Fed Board of Governors, to get her message across. At least we all heard her on Monday for the second consecutive day: that further rate steps would be required to dampen inflation.
Statements of Fed officials would be newsworthy if they questioned the rate pause in September. However, nobody is likely to do that – certainly not before new inflation data are published. The next publication is due on Thursday.
On the other hand, it matters to keep an eye on real economic data as it will tell us whether and to what extent the economy will slow until November. Only if we know this data, comments like the ones made by Bowman can be relevant for USD exchange rates.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
