Us fed articles
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US not suffering from 'stagflation', says Fed chairman Jerome Powell
The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.]]>
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Market trades with caution ahead of US Fed rate decision this week
Markets and the rand on Monday were trading cautiously as they wait for direction, following the outcome of the US Federal Reserve's...
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Softer US activity numbers will do little to temper the Fed’s hawkishness
Ahead of today’s Federal Reserve FOMC meeting we have had some fairly subdued US activity numbers. The ISM manufacturing index dropped back into contraction territory in April at 49.2 from 50.3 (consensus 50.0). Production held just above the break-even 50 level at 51.3, but new orders are