USD/JPY eyes establishment above 137.00 as anxiety soars ahead of Federal Reserve policy – by Sagar_Dua24 USDJPY Fed BOJ SEO Inflation
Mixed views on Federal Reserve policy outlook muddle investors’ sentiment
Now, the release of upbeat payroll data for November and fresh demand in the United States service sector has triggered the option of a bigger rate hike continuation to safeguard the economy from a rebound in inflation. There is no denying the fact that higher employment generation and solid demand in service sector have the potential to spur the inflation rate again.
data released on Friday is indicating the continuation of a slowdown in the inflation rate. The price Index for factory-gate rates was trimmed to 7.4% in line with expectations. A decline in prices for final products indicates a decline in demand, which forced producers to go easy on decision-making for end-products prices.
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