Thursday , December 9 2021

The Fed is planning a new interest rate cut in December for the 16 – month high.


The dollar rose to a six-month high after the Federal Reserve announced it would keep the variable interest rate at 2.25 percent from 2 percent. However, CAP plans to gradually strengthen. Thereby increasing the likelihood of transmission. This year will be the fourth interest rate that will arise from rising US economy, accelerating inflation, and increasing employment. Following the Fed's announcement, interest on US two-year bonds rose to 2.977 percent, the highest level for more than a decade.

"Our view of the problem is that the Fed is aiming to act constructively." Bankers do not want to push things, "said Tim Cortney, chief investment officer at Exencial Wealth Advisors.

Central bankers expect a gradual increase in interest rate targets to be consistent with sustained growth in economic activity, labor market strength and inflation of 2% over the medium term.

Influence of election

Analysts also evaluate the results of Tuesday's parliamentary midterm elections and its impact on US economic policy. The value of the US dollar fell sharply as expected. Additionalthey There will be few fiscal stimulus measures. But on Friday the dollar surpassed other currencies.

As a result

The focus of investors in the foreign exchange market is shifting to differences between US monetary policy and other major economies. The euro was down 0.55% to 1.1361 on Thursday, while the British pound saw a loss of 0.49% and traded at $ 1.306. This happened after EK spoke with the eyes of an Italian city for two years. The euro fell 0.25% to 129.28 yen against the Japanese yen.

On Friday JamalAnd cppmccccccccccccc, cdcd I reached the floor for five weeks.The stock market from 113.92 yen to 114.07 dollars. Due to the stronger dollar against the euro and yen, the dollar index rose 0.75% on Friday. Finally, the index was at 96,674.

The British pound was down 0.1 percent to $ 1.3046 on Friday morning. In nachaloto Bappe oksi TOVA NA noemvpi bpitanc kataata valyta otchita pocĸapvane low 2.3% C amepiĸanckzata Avctpaliycĸiyat in na na otnoshenie unobtrusively 0.2% of its value in desktop DOLAP izgybi zapadi opaceniyata ycilvane nappezhenieto in tapgovcĸite otnosheniya mezhdy CASHT and Kitay na.

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