Powell Echoes Volcker, Cites "Courage" Amidst Scrutiny

Fed Chair Jerome Powell honored with Paul Volcker award, citing Volcker's courage against inflation and political pressure. What does this mean for Fed independence?

#JeromePowell, #PaulVolcker, #FederalReserve, #Inflation, #InterestRates

https://newsletter.tf/powell-praises-volcker-courage-inflation-fight-2024/

Fed Chair Jerome Powell was given an award and praised Paul Volcker's "courage" in fighting inflation. This is a strong signal about the Fed's independence.

#JeromePowell, #PaulVolcker, #FederalReserve, #Inflation, #InterestRates
https://newsletter.tf/powell-praises-volcker-courage-inflation-fight-2024/

The Iran war is driving up inflation – POLITICO

Europe faces its next big problem: The Iran war is driving up inflation – POLITICO Skip to main…
#NewsBeep #News #BreakingNews #Banks #breakingnews #ChristineLagarde #Energy #Energyprices #Fuels #Inflation #InterestRates #Iran #War
https://www.newsbeep.com/461428/

The Iran war drives inflation up to its highest level in over a year.

Eurozone inflation jumped to its highest in over a year at 2.5% in March due to soaring fuel prices.

ECB officials are agonising over how to respond.

The dilemma facing the ECB is that while higher interest rates may be needed to curb inflation, they will also add to the economic problems created by higher energy costs.

https://mediafaro.org/article/20260331-the-iran-war-drives-inflation-up-to-its-highest-level-in-over-a-year?mf_channel=mastodon&action=forward

#Inflation #Eurozone #EnergyPrices #Energy #Fuels #InterestRates #ECB #Economy

Interest rates play a major role in forex markets, influencing currency strength and overall market trends. When rates rise, currencies may gain value due to higher returns, while lower rates can weaken them. Traders closely follow central bank decisions and economic data to anticipate market moves and volatility.

https://blog.pfhmarkets.com/forex/interest-rate-impact-forex/

#ForexTrading #InterestRates #EconomicIndicators #TradingStrategy #PFHMarkets

Fresh misery for Brits' pockets as oil price hits record and mortgages at three-year high

https://fed.brid.gy/r/https://www.mirror.co.uk/money/fresh-misery-brits-pockets-oil-36943486