Fed says commitment to battle inflation 'unconditional'
Saturday, June 18, 2022
© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell arrives to testify before the Senate Banking Committee hearing titled The Semiannual Monetary Policy Report to the Congress in Dirksen Building in Washington, D.C., March 3, 2022. Tom Williams/Pool Via RE (Reuters) - The Federal Reserve, which earlier this week unveiled its biggest interest rate hike in more than a quarter of a century, on Friday signaled it will not let anything stand in the way of its battle to bring down the searing inflation that's punishing American households.
"The Committee's commitment to restoring price stability - which is necessary for sustaining a strong labor market - is unconditional," the Fed said in its twice-yearly monetary policy report to Congress, referring to the U.S. central bank's rate-setting Federal Open Market Committee.
Fed Chair Jerome Powell will testify in Congress next week, updating lawmakers on the Fed's plans to fight inflation while also pursuing maximum employment.
The Fed raised its policy rate range to 1.50%-1.75% on Wednesday and published forecasts that show most policymakers support lifting that rate further this year to perhaps 3.4%, and higher in 2023. Economists warn that such sharp increases could spark a recession.
The report's use of the word "unconditional" suggests that the Fed is willing to risk just that, in order to avoid what it sees as a far worse situation where inflation gets out of control and exerts far more damaging long-term harm.
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APPROVED BROKERS
27-06-2022 22:10:52 (UTC+7)
EUR/USD
1.0599
+0.0045 (+0.43%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (2)
EUR/USD
1.0599
+0.0045 (+0.43%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (2)
GBP/USD
1.2306
+0.0044 (+0.36%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (0)
USD/JPY
135.15
-0.01 (-0.01%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
AUD/USD
0.6945
-0.0003 (-0.05%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
USD/CAD
1.2879
-0.0014 (-0.11%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (10)
EUR/JPY
143.26
+0.60 (+0.42%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (3)
Sell (4)
EUR/CHF
1.0134
+0.0025 (+0.25%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (3)
Sell (5)
Gold Futures
1,826.05
-4.25 (-0.23%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (3)
Silver Futures
21.282
+0.123 (+0.58%)
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↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (1)
Sell (8)
Copper Futures
3.7832
+0.0387 (+1.03%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (3)
Sell (3)
Crude Oil WTI Futures
109.20
+1.58 (+1.47%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
Brent Oil Futures
110.64
+1.54 (+1.41%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (3)
Sell (7)
Natural Gas Futures
6.297
+0.016 (+0.25%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
US Coffee C Futures
221.55
-1.70 (-0.76%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
Euro Stoxx 50
3,538.45
+5.28 (+0.15%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (6)
S&P 500
3,911.73
-0.01 (0.00%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (6)
DAX
13,174.74
+56.61 (+0.43%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (5)
FTSE 100
7,263.65
+54.84 (+0.76%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (7)
Hang Seng
22,229.52
+510.46 (+2.35%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (8)
US Small Cap 2000
1,774.60
+12.14 (+0.69%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
IBEX 35
8,252.28
+8.18 (+0.10%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (2)
BASF SE NA O.N.
42.750
+0.535 (+1.27%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (1)
Bayer AG NA
59.43
+1.64 (+2.84%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (6)
Allianz SE VNA O.N.
181.30
+0.10 (+0.06%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (7)
Adidas AG
171.47
+1.11 (+0.65%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (11)
Deutsche Lufthansa AG
5.985
+0.019 (+0.32%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
Siemens AG Class N
103.79
+1.17 (+1.14%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (2)
Deutsche Bank AG
8.865
-0.054 (-0.61%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (7)
Sell (0)
| EUR/USD | 1.0599 | ↑ Buy | |||
| GBP/USD | 1.2306 | ↑ Buy | |||
| USD/JPY | 135.15 | ↑ Sell | |||
| AUD/USD | 0.6945 | ↑ Buy | |||
| USD/CAD | 1.2879 | ↑ Sell | |||
| EUR/JPY | 143.26 | Neutral | |||
| EUR/CHF | 1.0134 | Sell |
| Gold | 1,826.05 | Neutral | |||
| Silver | 21.282 | ↑ Sell | |||
| Copper | 3.7832 | Neutral | |||
| Crude Oil WTI | 109.20 | ↑ Buy | |||
| Brent Oil | 110.64 | Neutral | |||
| Natural Gas | 6.297 | ↑ Buy | |||
| US Coffee C | 221.55 | ↑ Buy |
| Euro Stoxx 50 | 3,538.45 | ↑ Sell | |||
| S&P 500 | 3,911.73 | Sell | |||
| DAX | 13,174.74 | Sell | |||
| FTSE 100 | 7,263.65 | Sell | |||
| Hang Seng | 22,229.52 | ↑ Sell | |||
| Small Cap 2000 | 1,774.60 | ↑ Buy | |||
| IBEX 35 | 8,252.28 | Buy |
| BASF | 42.750 | ↑ Buy | |||
| Bayer | 59.43 | Sell | |||
| Allianz | 181.30 | Sell | |||
| Adidas | 171.47 | ↑ Sell | |||
| Lufthansa | 5.985 | ↑ Buy | |||
| Siemens AG | 103.79 | ↑ Buy | |||
| Deutsche Bank AG | 8.865 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,775 / 6,845 (15 / 5) # 1,667 |
| SJC HCM | 6,790 / 6,860 (5 / -5) # 1,683 |
| SJC Hanoi | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Danang | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Nhatrang | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Cantho | 6,790/ 6,862 (5 / -5) # 1,685 |
| Cập nhật 27-06-2022 22:10:54 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,823.90 | -7.05 | -0.39% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 33.470 | 34.130 |
| RON 95-III | 32.870 | 33.520 |
| E5 RON 92-II | 31.300 | 31.920 |
| DO 0.05S | 30.010 | 30.610 |
| DO 0,001S-V | 30.810 | 31.420 |
| Dầu hỏa 2-K | 28.780 | 29.350 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $108.23 | -2.8 | -2.65% |
| Brent | $110.73 | -2.68 | -2.48% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.080,00 | 23.390,00 |
| EUR | 23.932,61 | 25.273,13 |
| GBP | 27.815,29 | 29.001,83 |
| JPY | 167,64 | 177,48 |
| KRW | 15,57 | 18,97 |
| Cập nhật lúc 18:53:21 27/06/2022 Xem bảng tỷ giá hối đoái | ||
