Monthly archive February, 2022

After reporting a slight decrease in regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing a modest increase in activity in the month of February. The New York Fed Read More →

The value of the U.S. dollar has moved to the upside during trading on Monday, extending the upward move seen last Friday. Currently, the U.S. dollar index is trading at 96.34, up 0.26 points or 0.3 percent.Original Article Read More →

Industrial output data from euro area is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, consumer prices and industrial production data is due from Romania. Economists forecast inflation to ease to 7.7 Read More →

Russia's central bank raised its key rate by a full one percentage points on Friday as inflation continued to stay well above the target. The Board of Directors of Bank of Russia decided to lift the key interest rate to Read More →

Preliminary data released by the University of Michigan on Friday showed U.S. consumer sentiment has unexpectedly slumped to its lowest level in over a decade in February. The report showed the consumer sentiment index tumbled to 61.7 in February from Read More →

The U.S. dollar exhibited strength against its major counterparts on Friday on bets the Federal Reserve will tighten its monetary policy more aggressively to rein in inflation.Original Article Read More →