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🔰 US Federal Reserve Chairman Powell: The long-term 2% inflation target remains and we are on track.

#USD #Gold
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🔰 Powell: If inflation continues to rise, the Federal Reserve will no doubt intervene to reduce pricing pressures.

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🔰 US Federal Reserve Chairman Powell: Inflation has reached a threshold that allows us to start reducing Bond purchases.

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🔰 Powell : The Federal Reserve has made clear progress in improving the labor market

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🔰 Powell: The #CoronaVirus🦠 epidemic is still a threat to the economy.

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🔰 Powell: Inflation will continue to stabilize or decrease

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🔰 US Federal Reserve Chairman Powell: Reducing bond purchases does not mean raising interest rates !!!!

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🔰 Guys Powell gave no signal of TAPERING , he only stated that he was watching the employment and epidemic statistics closely.

🔰 Thus, the chances of announcing TAPERING in September were greatly reduced.

🔰 Schedule to consider for TAPERING :

September : Talking about TAPERING,
November: Announcing TAPERING ,
December Starting TAPERING.

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🔰 TAPERING* : means the gradual reduction of the assets accumulated in the Central Bank's balance sheet as a result of the QE program.

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🔰Have Great Weekend Guys 🌸❤️
(#Stay_Safe)
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🔰 Kitco WebSite Forecasts for this week Professional and beginner Market Predictions for #Gold.

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🔰 The European Union wants to announce a moratorium on unnecessary travel from the United States.

#EUR #USD
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🔰 German unemployment Rate s.a (Aug)

🔰 Unemployment Change (Aug)

#EUR
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Forex News | Fundamental
🔰 German unemployment Rate s.a (Aug) 🔰 Unemployment Change (Aug) #EUR @Forex_LiveStream
🔰 Germany's unemployment rate was announced at 5.5%.👍🏻

🔰 German unemployment rate changes announced at -53K.👍🏻

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🔰 Financial institutions and bank order :

Tuesday

1. How To Use These Order !?

2. Video !

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🔰 The US Consumer Confidence Index fall to 113.8🔻 in August , was expected to be 122.9.

🔰 The previous period was 129.1.

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🔰 According to some sources, OPEC Plus experts assessment the increase in #Oil demand in 2022 to 4.2 million barrels per day.

🔰 The previous assessment was 3.28 million barrels per day.

#Oil 🛢
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🔰 OPEC Plus seeks to increase production by 400,000 barrels per day.

#Oil🛢
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