“Friday’s Core Pce Release Is Likely to Show Price Pressures EASING, Buting There Is A Fix.”, – WRITE: www.coindesk.com
. Withis in Mind, Traders Can Look to The Week’s Major Events that Could Affect Markets.
Federal Reserve Chairman Jerome Powell’s Semi-Annual Monetary Policy Testimony to Congress Is Likely to Be the Main Event.
Powell Will Probably Be Grilled by Republican Party Members for Not Cutting Interest Rates and “Costing The Country Hundreds of Billions of Dollars,” As President Donald Trump Has Repeat. Powell, However, is Expert to Reiterate the Fed’s Independence and the Data-Dependent Path Forward for Rates.
Traders Will Closely Watch Powell’s Take On the Interest-Rate Tradery, Given The Backdrop of Trump-Appointed Fed Governor Cristospher Waller’s Recent Comments that Interest Redes COURLED.
“With The Market’s Pricing of Future Inflation Well Anchored, Early Cracks Emerging in the Labor Market and Housing Activity Evidently Weak, There Are Reasons for The Fed Fed Fed -Fed. And Guiding Towards A Cut in September – A Path Already Priced Into The US Swaps Market, “Chris Westoon, Head of Research at Pepperstone, Said On X.
Dovish Hints Could Prompt More Risk-Taking in Financial Markets, Boding Well for Btc, Which Has Held Mainly Above $ 100,000 Througout The Recent East East.
Markets Expect the Fed To Deliver Two 25 Basis-Point Cuts This Year, But The Taken Is Not Unanimous/
“We Continue to Think That Clarity On The Inflation Story-Whether Tariffs Are a on-Off Price Shock or If They Prompt More Sustaned Inflation Pressures One Rate Cut this Year, “Analysts at ing Said in a Note to Clients Friday. “However, if the Jobs Market Continues to Weaken, that May Well Be a 50bp Cut.”
Core PceOn the Data Front, The Core Personal-Consumption Expenditures (PCE) Price Index, The Fed’s Preferred Inflation Measure, Schelyed for Release on Friday, is the Marquae Release.
Account to Pepperstone, The Consensus Is For the Data To Show A 0.1% MONTH-ON-MONTH Increase in May, Resulting in and Annualized Growth Rate of 2.6% and A Three-Month Annualized.
Expectations of a Benign 0.1% Increase Support the Fed Rate Cut Bets; However, accounting to im, the inflationary Impact of Trump’s Tariffs is expert to kick in from july.
Trump’s 90-day Pause on Reciprocal Tariffs, Announced in Early April, is set to Expire on July 9, Following Wich The Heavy ‘Liberation Day’ Tariffs Take Effect.
SO FAR, The President Has Made a Deal with The UK and AnnunCed A Trade Framework with China. Beijing is Yet to Sign The Deal and The Europe Union Remains Quiet.
Iran Tensions Are Not Over YetWhile the Oil Market is Calm for now, Iran Could Inflict Damage Even Without Closing the Strait of Hormuz, A Trade Route That Carries About A FIFTH of The WORLD’S OIL.
By constantly Threatening the Closure of the Strait Alone, Iran Could Push Up Shipping Insurance Costs, Ultimately Adding to Oil Prices.
The cost to insure a vessel for the journey via the Strait of Hormuz have already risen from 20 CENTS A Barrel to 80, A report by South Creen Morning Post Said, Quoting the ATHENS-BAS.
“BY Planting Enough Belief That Cold Disrupt This Key Logistic Channel, Maritime Costs Could Rise to The Point that It Wuld Aign A Signify.
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