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WRAPUP 1-Fed set to hold rates steady as Middle East crisis, tariffs cloud outlook
Policy statement, projections due at 2 p.m. EDT (1800 GMT)Data not providing clear sign for Fed to cut interest ratesHigher oil prices, tariffs pose inflation riskBy Howard Schneider WASHINGTON, June 18 (Reuters) - The Federal Reserve is expected to keep interest rates unchanged on Wednesday as i...Reuters
Wed, Jun 18
Officials head into Fed meeting with uncertain long-term inflation outlook
Fed officials vexed by divergent longer-run inflation readingsMichigan expectations an outlier on longer-run expected inflationAmid survey difference, a public anxious about inflation By Michael S. Derby June 18 (Reuters) - Among the uncertainties facing Federal Reserve officials as they debate t...Reuters
Wed, Jun 18
Federal Reserve set to leave interest rates unchanged as uncertainty clouds economic outlook
The United States (US) Federal Reserve (Fed) will announce monetary policy decisions and publish the revised Summary of Economic Projections (SEP), the so-called dot plot, following the June policy meeting on Wednesday.Fxstreet
Wed, Jun 18
GBP: Inflation adds to dovish BoE arguments – ING
The UK has just released CPI figures for May. While the headline reading slowed a tad less than expected to 3.4%, and core was in line with consensus at 3.5%, the closely-monitored services CPI came in a bit below expectations at 4.7% (expected 4.8%), ING's FX analyst Francesco Pesole notes.
Fxstreet
Wed, Jun 18
The threat of an Oil price shock – Standard Chartered
Oil price increases have a greater impact on the global economy than Oil price declines. The main impact is felt via an immediate rise in headline inflation. Transport shares, net fuel imports, public debt/GDP and trade integration are key factors to watch.Fxstreet
Wed, Jun 18
ECB's Panetta: Will keep a flexible approach to monetary policy decisions
European Central Bank (ECB) Governing Council member Fabio Panetta said on Wednesday that the ECB will keep a flexible approach to monetary policy decisions amid heightened risks due to the Israel-Iran conflict.Fxstreet
Wed, Jun 18
Japan's exports post first drop in 8 months as US tariffs hit auto firms
May exports -1.7% yr/yr vs forecast -3.8%Imports fall 7.7% yr/yr in MayJapan scrambling to get exemptions from US auto tariffsIshiba says some disagreements persist between Japan and USBy Makiko Yamazaki and Tim Kelly TOKYO, June 18 (Reuters) - Japan's exports fell in May for the first time i...Reuters
Wed, Jun 18
