The indices ahead of the feds. Dia is down. You have the qqq, the qs down. 5 . The spy that tracks the s p 500 and that is lower. The iwm that tracks the russell 2,000 and that is down. There is the tenyear note, the yield at 2. 02. Gold up at 11. 53 an ounce. The euro is down i guess the euro is up against the dollar at 1. 06 and west texas crude is down another 2 . Look at that 42 quote on west texas crude. Lets get right to our senior economics reporter Steve Liesman on a roof somewhere in washington. On the feds roof. And i want to spend a minute because certainly someone just tuned in and said why are people spending all this time on the wort patient and why does it matter . And the reason why it matters so much is it gives the fed flexibility to hike Interest Rates. That word meant they would not hike Interest Rates for two meetings. It comes out as expected and gives them flexibility and begins a debate that has to do with valuing stocks and bonds over how quickly the hike rates
India Business News: The Reserve Bank of India (RBI) unveiled the 'Inflation Expectations Survey of Households' and the 'Consumer Confidence Survey.' These surveys will of
Get latest articles and stories on Latest News at LatestLY. The Reserve Bank of India (RBI) on Monday announced the launch of 'Inflation Expectations Survey of Households' and 'Consumer Confidence Survey' which will provide key inputs for the bi-monthly monetary policy. Latest News | RBI Launches Two Key Surveys for Monetary Policy Inputs.
The RBI has launched two new surveys, the Inflation Expectations Survey of Households and the Consumer Confidence Survey, ahead of its June monetary policy review. These surveys will gather insights crucial for monetary policy decisions. The Inflation Expectations Survey will collect data on price changes and inflation expectations from households in 19 cities. Meanwhile, the Consumer Confidence Survey will gather views on the general economic situation, employment, prices, income, and spending. Both surveys aim to provide a comprehensive understanding of economic trends and sentiments.
Asia Market Update: Quieter day in Asia; NZ Bus Confidence & AU Consumer Confidence down; Korea govt joins chip wars; Markets looking to US CPI and FOMC Minutes Wed night; RBNZ rate decision tomorrow.