SGM-FX insights
Our Daily Brief provides insights into the news and views driving today’s foreign currency exchange rates.
US NFIB small-business confidence index edges higher for February
The US NFIB small-business confidence index edged higher to 105.9 for February from 105.8 previously while there was a stronger than expected reading for producer prices with a 0.6% monthly gain. In her prepared comments to the Senate Banking Committee, Fed Chair Yellen reiterated that it was dangerous to wait too long before raising […]
NY Federal Reserve notes increase in inflation expectations
SGM-FX
Tue 14 Feb 2017
According to the New York Federal Reserve, one-year inflation expectations rose to 3.0% in the latest survey from 2.8% previously and the highest reading since the middle of 2015. Inflation expectations will be an important element of Fed thinking over the next few months, especially as the FOMC had worried previously that low expectations […]
One-year inflation expectations rose to 3.0% in the latest survey from 2.8% previously
SGM-FX
Tue 14 Feb 2017
According to the New York Federal Reserve, one-year inflation expectations rose to 3.0% in the latest survey from 2.8% previously and the highest reading since the middle of 2015. Inflation expectations will be an important element of Fed thinking over the next few months, especially as the FOMC had worried previously that low expectations […]
