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Jul 2, 2024
GBP/USD Price Analysis: Gains despite standing bearish below 1.2700
The Pound Sterling held to earlier gains against the US Dollar on Tuesday at the time the Federal Reserve Chair Jerome Powell crossed the wires at the European Central Bank (ECB) forum in Portugal and said that inflation may get back to the Fed’s 2% target late next year or the following.
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Jul 2, 2024
Fed's Gooslbee: I don't buy that last mile on inflation could take longer
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago noted on Monday that progress on the final chunk of inflation heading towards the Fed's 2% inflation target will happen faster than many expect.
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