6:39 PM · 1 May 2024

Fed conference - "No hike" comments support US100

  • The economy has made considerable progress toward dual goals. Inflation has eased substantially but remains too high
  • Inflation is still too high and further progress is not assured.
  • The Fed is highly attentive to inflation risks
  • We do not expect it will be appropriate to cut rates until we have greater confidence inflation is going back to 2%.
  • It is likely that gaining greater confidence will take longer than previously expected.
  • So far this year inflation readings have not given us that greater confidence.
  • Slowing the pace of QT does not mean our balance sheet will shrink less than it would otherwise.
  • The decision to slow runoff will reduce possibility of money market stress.
  • We believe over time policy is sufficiently restrictive to bring inflation back down to 2%.  It is unlikely next policy move will be a hike.

US100 is strongly rebounding after comments that hikes are rather not possible. 

2 November 2026, 6:40 AM

Economic Calendar - Global series of industrial PMI indicators and tech giants' results

2 November 2026, 6:21 AM

📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.

30 October 2026, 3:33 PM

Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?

29 October 2026, 1:19 PM

ECB Holds Rates Unchanged💶 EURUSD down 📉

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits