Archive for January 7th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 8 – 14, 2022

January 7, 2022

Central Banks: Monetary policy stances will be reviewed next week in South Korea, Serbia and Romania. Holiday: Japan will be celebrating Coming of Age Day on January 10th. U.S. Economic Data Releases: Industrial production, capacity usage, retail sales, producer prices, CPI, small business sentiment, IBD/TIPP Optimism index, import prices, federal budget deficit, and U. Michigan/Reuters […] More

New Overnight Developments Abroad - Daily Update

Case Keeps Rising for Early Rise in Fed’s Interest Rate

January 7, 2022

The case is growing for an FOMC rate hike in March. From a monetary policy standpoint, Fed officials are expected to pay more attention to faster-than-expected wage growth and lower-than-forecast unemployment last month than to December’s 199k rise in jobs, which was only half as much as predicted. For one thing, employment growth in October-November […] More