US Fed hints at flexible monetary policy, seeks interest rate cuts: A senior Federal Reserve official suggested that the tightening of US labor market indicators, coupled with the absence of sustained inflationary pressures, paves the way for the cost of borrowing to ease soon. Fed Statements “Waiting too long is futile,” says San Francisco Fed President The September meeting is a pivotal point for revising interest rates in the benchmark scenario: Two consecutive cuts of 0.25% each Supportive economic indicators: July jobs73A(below expectations)Previous review-40K(downward adjustment)Unemployment4.2%(slight uptick) Flexible political scenarios: Rate cuts may not be tied to specific dates (December/September) Any…
Economic
After declining more than 1% in the previous session, oil prices returned to rising, as investors try to assess the implications of new US tariffs. These high tariffs have raised market concerns about slowing global economic activity, which could lead to declining demand for energy and fuel. Despite these concerns, the market appears to be gradually absorbing the shock, with investors awaiting any indicators that may reveal the actual scale of impact on global growth and oil consumption. Oil Prices and Futures Contracts Oil prices registered slight gains during Friday’s trading, reinforcing their weekly gains amid rising tension in global…
