Will NFP Report Confirm Fed’s ‘Higher for Longer’ Mantra?

Market scales back rate cut expectations Inflation is not cooling as fast as expected Powell testifies before Congress on Wednesday and Thursday Spotlight to turn to NFP report on Friday at 13:30 GMT Investors get closer to the Fed’s dot plot At its latest gathering, the FOMC appeared less dovish than expected. Policymakers decided to […] The post Will NFP Report Confirm Fed’s ‘Higher for Longer’ Mantra? appeared first on Action Forex.

Will NFP Report Confirm Fed’s ‘Higher for Longer’ Mantra?

Market scales back rate cut expectations Inflation is not cooling as fast as expected Powell testifies before Congress on Wednesday and Thursday Spotlight to turn to NFP report on Friday at 13:30 GMT Investors get closer to the Fed’s dot plot At its latest gathering, the FOMC appeared less dovish than expected. Policymakers decided to […]

The post Will NFP Report Confirm Fed’s ‘Higher for Longer’ Mantra? appeared first on Action Forex.