Ozge Gurses

What’s on the economic agenda this week?

What’s on the economic agenda this week?

Key Takeaways Wall Street indexes closed lower on Friday due to expectations of a more hawkish stance from the Federal Reserve on interest rate hikes, despite lower-than-expected nonfarm payrolls data in June. The Nasdaq index declined by 0.13%, the S&P 500 index...

What’s on the economic agenda this week?

What’s on the economic agenda this week?

Key Takeaways Remarks by Federal Reserve Chairman Powell indicating a hawkish stance and strong economic data led to a reassessment of expectations towards the Federal Reserve. Federal Reserve Chairman Powell stated that more tightening would be needed in monetary...