2018-10-07 13:39:00 Sun ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
The U.S. greenback soars in value as the Federal Reserve continues its interest rate hike. With impressive service-sector data and non-farm payroll wage growth, the dollar hits an 11-month high level against foreign currencies such as the Euro, British pound, Japanese yen, and Chinese renminbi etc. This currency adjustment drives U.S. 10-year Treasury yield to its highest level near 3.2% since mid-2011.
The latter long-term Treasury bond yield increase assuages the recent worries and concerns about potential U.S. yield curve inversion, which often indicates the dawn of a major U.S. economic recession.
From Europe and Australia to China and India, global economies either stagnate or slow down as U.S.-centric free capital flows take place. In addition to the recent greenback strength, crude oil prices surge toward $89-$95 per barrel in response to sequential decreases in OPEC oil production. As this oil price hike coincides with dollar appreciation, American households, firms, and financial intermediaries face inflationary cost increases across a common basket of goods and services.
Several economic media commentators pencil in another U.S. Federal Reserve interest rate hike in December 2018 for better inflation containment.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-05-05 07:33:00 Saturday ET

Warren Buffett shares his fresh economic insights and value investment strategies at the Berkshire Hathaway shareholder forum in May 2018 despite the new GA
2024-04-02 04:45:41 Tuesday ET

Stock Synopsis: High-speed 5G broadband and mobile cloud telecommunication In the U.S. telecom industry for high-speed Internet connections and mobile cl
2018-02-27 09:35:00 Tuesday ET

Fed's new chairman Jerome Powell testifies before Congress for the first time. He vows to prevent price instability for U.S. consumers, firms, and finan
2018-08-25 12:33:00 Saturday ET

President Trump warns Google, Facebook, and Twitter that these tech titans now tread on troublesome territory. Specifically, Trump accuses Google of rigging
2019-06-30 12:37:00 Sunday ET

AYA Analytica finbuzz podcast channel on YouTube June 2019 In this podcast, we discuss several topical issues as of June 2019: (1) Federal Reserve h
2022-09-15 11:38:00 Thursday ET

Capital structure choices for private firms The Kauffman Firm Survey (KFS) database provides comprehensive panel data on 5,000+ American private firms fr