[Tree] Nigeria's economic challenges and currency devaluation

Version 1.0 (2024-11-21 10:56:52.142000)

updates: Added insights on currency impact and GDP decline

Version 0.99 (2024-10-23 13:48:18.679000)

updates: IMF estimates 2024 GDP at historic low; debt updates.

Version 0.98 (2024-09-21 04:43:14.160000)

updates: Added information on GDP and CPI rebasing plans

Version 0.97 (2024-09-07 05:34:35.931000)

updates: Added Nigeria's debt stock and US inflation data

Version 0.96 (2024-08-31 05:39:44.078000)

updates: Nigeria's CIT report and US unemployment data updates

Version 0.95 (2024-07-29 06:08:42.701000)

updates: Updates on Nigeria's PMI and foreign reserves

Version 0.94 (2024-07-27 19:04:49.040000)

updates: Federal Reserve's July meeting on interest rates

Version 0.94 (2024-07-27 19:04:49.040000)

updates: Federal Reserve's July meeting on interest rates

Version 0.93 (2024-07-17 19:02:27.721000)

updates: Federal Reserve Chair Jerome Powell emphasizes data-driven rate decisions amid political pressures

Version 0.93 (2024-07-17 19:02:27.721000)

updates: Federal Reserve Chair Jerome Powell emphasizes data-driven rate decisions amid political pressures

Version 0.92 (2024-07-10 18:59:57.327000)

updates: Federal Reserve Chair Jerome Powell emphasizes data-driven rate decisions amid political pressures

Version 0.92 (2024-07-10 18:59:57.327000)

updates: Federal Reserve Chair Jerome Powell emphasizes data-driven rate decisions amid political pressures

Version 0.91 (2024-07-10 18:57:13.664000)

updates: US Federal Reserve Chairman acknowledges potential harm of high interest rates

Version 0.9 (2024-07-10 10:56:19.502000)

updates: Federal Reserve Chair Jerome Powell warns against cutting interest rates until inflation moves sustainably towards 2% [e1df42c0]

Version 0.89 (2024-07-10 07:55:27.248000)

updates: Federal Reserve Chairman warns of leaving interest rates too high

Version 0.88 (2024-07-09 23:54:07.277000)

updates: Federal Reserve Chairman Powell declines to set date for interest rate cut, emphasizes need for positive economic data

Version 0.87 (2024-07-09 22:56:33.048000)

updates: US Federal Reserve Chairman warns against keeping interest rates high for long period

Version 0.86 (2024-07-09 18:58:03.841000)

updates: US Federal Reserve leaves interest rates unchanged, expects stronger economic growth

Version 0.85 (2024-07-09 01:55:26.667000)

updates: Citi predicts Fed could cut interest rates by 200 points through 2025

Version 0.85 (2024-07-09 01:55:26.667000)

updates: Citi predicts Fed could cut interest rates by 200 points through 2025

Version 0.85 (2024-07-09 01:55:26.667000)

updates: Citi predicts Fed could cut interest rates by 200 points through 2025

Version 0.84 (2024-07-09 00:55:10.261000)

updates: Citi analysts predict Fed could cut rates by 200 points through 2025

Version 0.83 (2024-07-05 18:59:17.657000)

updates: Mixed signals and uncertainty surrounding the next rate hike

Version 0.82 (2024-07-03 23:54:23.499000)

updates: Federal Reserve officials seek more evidence of cooling inflation

Version 0.81 (2024-07-03 22:55:15.486000)

updates: Federal Reserve officials divided on interest rates, awaiting evidence of cooling inflation

Version 0.8 (2024-07-03 21:54:55.574000)

updates: The Federal Reserve officials are waiting for new data before committing to lowering interest rates amid inflation

Version 0.79 (2024-06-16 18:55:16.613000)

updates: Analysis of the US Federal Reserve's motivation for keeping interest rates low

Version 0.79 (2024-06-16 18:55:16.613000)

updates: Analysis of the US Federal Reserve's motivation for keeping interest rates low

Version 0.79 (2024-06-16 18:55:16.613000)

updates: Analysis of the US Federal Reserve's motivation for keeping interest rates low

Version 0.78 (2024-06-16 15:54:13.568000)

updates: The US Federal Reserve's indecision poses challenges for central banks worldwide

Version 0.77 (2024-06-15 03:01:50.507000)

updates: Federal Reserve adjusts rate forecasts for 2025

Version 0.76 (2024-06-14 17:53:01.361000)

updates: Federal Reserve Chair Powell explains why rates aren't being cut yet

Version 0.75 (2024-06-14 09:53:40.777000)

updates: US Federal Reserve maintains key rates at 23-year high, expects single rate cut in 2024

Version 0.74 (2024-06-14 02:55:59.002000)

updates: The US Federal Reserve signals only one rate cut in 2024, reflecting a cautious approach to economic management and a concern about inflationary pressures.

Version 0.73 (2024-06-13 21:54:18.162000)

updates: US Federal Reserve now expects only one rate cut this year, down from three

Version 0.72 (2024-06-13 16:54:45.731000)

updates: The US Federal Reserve now expects only one rate cut this year, down from the three expected in March. The Fed voted unanimously to keep its benchmark interest rate between 5.25 and 5.50%. Some analysts believe the Fed will need to backtrack in the months ahead and expect two rate cuts this year. The Fed predicts inflation could bottom out at 2.6% by the end of the year. The likelihood of a rate cut in September is 65.4% according to the CME FedWatch Tool. Inflation slowed to 3.3% in the year to May. The central bank had been expected to reduce borrowing costs three times by the end of 2024, but new forecasts from Fed officials now indicate a single reduction [98a1759d]

Version 0.71 (2024-06-13 15:01:13.156000)

updates: US Federal Reserve signals one interest rate cut this year

Version 0.7 (2024-06-13 04:54:38.850000)

updates: US Federal Reserve lowers expectations for rate cuts

Version 0.69 (2024-06-13 03:53:10.886000)

updates: Fed lowers expectations for rate cuts, now expects only one cut this year

Version 0.68 (2024-06-13 02:53:59.388000)

updates: US Federal Reserve hints at possible rate cut later in the year

Version 0.67 (2024-06-12 18:54:02.258000)

updates: Federal Reserve holds interest rates steady, inflation slowing down

Version 0.66 (2024-06-12 17:55:44.132000)

updates: Federal Reserve releases economic projections and dot plot

Version 0.65 (2024-06-12 11:53:43.017000)

updates: The US Federal Reserve is expected to maintain interest rates at current levels

Version 0.64 (2024-06-12 10:00:04.031000)

updates: The US Federal Reserve kept interest rates unchanged and provided updated economic projections. The Fed is expected to project cutting the benchmark rate once or twice by year's end, downgrading their outlook for interest rate cuts from the three times envisioned in March. The Fed's approach to rate policies relies heavily on the latest economic data and they are in a wait-and-see mode with respect to the timing and magnitude of rate cuts.

Version 0.63 (2024-06-12 09:53:00.614000)

updates: Federal Reserve officials expected to update rate cut projections

Version 0.62 (2024-06-12 07:54:22.764000)

updates: Updates on the US Federal Reserve's interest rate decision and outlook on rate cuts

Version 0.61 (2024-06-12 06:53:34.182000)

updates: Updated information on the US Federal Reserve's interest rate decision and outlook on rate cuts

Version 0.6 (2024-06-12 03:53:44.154000)

updates: Provides outlook on future rate cuts

Version 0.59 (2024-06-11 19:54:53.258000)

updates: US Federal Reserve keeps interest rates unchanged despite speculation of rate cuts

Version 0.58 (2024-06-11 17:54:44.982000)

updates: Updates on inflation, labor market, and capital gains tax

Version 0.57 (2024-06-10 15:53:53.977000)

updates: US Federal Reserve signals slower balance sheet runoff

Version 0.56 (2024-06-10 03:53:04.561000)

updates: US Federal Reserve keeps interest rates steady, market awaits future rate cut signals

Version 0.55 (2024-06-09 20:53:40.062000)

updates: Federal Reserve holds interest rates steady, may lower rate cut expectations for 2024

Version 0.54 (2024-06-09 17:54:08.893000)

updates: Citibank predicts US interest rate cut based on strong jobs report

Version 0.53 (2024-06-09 16:52:57.543000)

updates: Speculation about September rate cut, updated 'dot plot' expected

Version 0.52 (2024-06-09 15:54:27.248000)

updates: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year.

Version 0.51 (2024-06-09 15:53:55.738000)

updates: Federal Reserve holds interest rates steady at June FOMC meeting

Version 0.5 (2024-06-09 15:52:56.041000)

updates: Updated information on interest rate forecasts and expectations for rate cuts

Version 0.49 (2024-06-09 11:02:00.285000)

updates: Updates on the Federal Reserve's interest rate forecasts

Version 0.48 (2024-06-09 09:54:02.779000)

updates: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year.

Version 0.47 (2024-06-08 07:56:39.679000)

updates: JPMorgan and Citigroup change rate cut predictions after strong jobs data

Version 0.46 (2024-06-06 03:55:24.611000)

updates: Analyst Mohamed El-Erian advocates for rate cuts in July

Version 0.45 (2024-05-31 23:55:19.424000)

updates: Analyst Steve Englander sticks with call for July rate cut

Version 0.44 (2024-05-31 18:57:43.332000)

updates: Analyst predicts July rate cut by Federal Reserve

Version 0.43 (2024-05-31 11:55:47.948000)

updates: European inflation rises, casting doubt on ECB rate cut

Version 0.42 (2024-05-31 10:58:31.374000)

updates: Updates on Bank of Canada rate cut and US jobs report

Version 0.41 (2024-05-29 08:58:39.005000)

updates: Majority of economists expect June rate cut, with further cuts predicted in September and December

Version 0.4 (2024-05-27 18:59:39.553000)

updates: The European Central Bank (ECB) is anticipated to decrease interest rates in the coming weeks due to declining inflation and a struggling economy. The decision is expected to be made during the upcoming ECB meeting on Thursday. Chief Economist Philip Lane confirmed the intentions to lower interest rates. Inflation in the euro area has dropped to 2.4%, close to the target of 2% set by the ECB. The faltering economy in the eurozone is another factor contributing to the likelihood of a rate reduction. Wage growth in the eurozone is slowing down, which is a concern for the ECB. The Federal Reserve's interest rate policy in the United States and the potential impact on the euro is also being considered. The ECB aims to be restrictive throughout the year but will make gradual rate reductions within that zone. The exact timeline for future rate reductions is uncertain.

Version 0.39 (2024-05-27 14:02:42.610000)

updates: Updates on inflation data, bond markets, and trade conflicts

Version 0.38 (2024-05-27 12:57:23.888000)

updates: ECB's Lane says cuts will depend on underlying inflation, demand

Version 0.37 (2024-05-27 06:55:35.766000)

updates: ECB's Lane confirms likelihood of interest rate cut

Version 0.36 (2024-05-27 06:00:38.869000)

updates: ECB's Lane ready to cut interest rates based on wages data

Version 0.35 (2024-05-27 05:54:21.335000)

updates: ECB Chief Economist discusses wage growth and interest rates

Version 0.34 (2024-05-26 10:53:06.870000)

updates: ECB board member Piero Cipollone expresses confidence in lowering borrowing costs as inflation eases

Version 0.33 (2024-05-15 10:53:03.250000)

updates: European Central Bank Chief Economist expresses confidence in inflation returning to target

Version 0.32 (2024-05-15 10:01:09.680000)

updates: EU lowers inflation forecast for 2024 to 2.5%

Version 0.31 (2024-05-07 01:57:07.226000)

updates: Philip Lane expresses confidence in inflation returning to 2% target

Version 0.3 (2024-05-06 04:55:46.649000)

updates: ECB's Lane expresses confidence in inflation returning to target

Version 0.29 (2024-05-06 03:52:31.343000)

updates: ECB's Lane expresses more certainty in inflation returning to goal, raises likelihood of rate cut

Version 0.28 (2024-05-06 03:51:47.162000)

updates: ECB chief economist expresses confidence in lowering inflation and hints at possible rate cut

Version 0.27 (2024-05-05 06:54:27.126000)

updates: Euro area growth expected to rebound in 2024

Version 0.26 (2024-03-23 20:20:38.995000)

updates: QNB predicts limited downside for the euro in 2024

Version 0.25 (2024-02-02 10:28:21.029000)

updates: Updates on US employment, US rates markets, Federal Reserve, US labor market, nonfarm payroll, US CPI, Riksbank, Hungary, Poland, Czech Republic

Version 0.24 (2024-01-06 09:21:16.380000)

updates: Updates on the euro's performance in Q1 2024

Version 0.23 (2024-01-05 08:17:24.466000)

updates: Reversal of pro-risk trends, reassessment of rate cut expectations

Version 0.22 (2024-01-05 07:28:00.198000)

updates: Morgan Stanley rules out dollar recovery in 2024

Version 0.21 (2024-01-04 09:18:53.576000)

updates: Revised rate cut outlook prompts dollar rally

Version 0.2 (2024-01-04 08:19:49.921000)

updates: The US Dollar strengthened as traders reevaluated their expectations for Federal Reserve rate cuts. The Dollar reached a more than two-week high against the Yen in Asian trading. The Australian Dollar and New Zealand Dollar struggled to recover from recent lows. Minutes from the Federal Reserve's December policy meeting revealed officials' confidence in controlling inflation and concerns about the potential negative impact of an 'overly restrictive' monetary policy on the economy. Traders remain divided over the pace and scale of easing by the central bank. The US nonfarm payrolls report, scheduled for Friday, is anticipated to provide further clarity on the Fed's room for rate adjustments.

Version 0.19 (2024-01-04 07:16:14.005000)

updates: Updates on the dollar's rebound and reassessment of rate cut expectations by the Federal Reserve

Version 0.18 (2024-01-04 06:25:18.924000)

updates: Updated information on US dollar gains after FOMC meeting minutes

Version 0.17 (2024-01-03 17:16:42.059000)

updates: Euro's rise, Dollar's two-week high, Manufacturing sector contraction

Version 0.16 (2024-01-03 13:32:59.306000)

updates: Updates on the dollar's rise, euro's fall, and geopolitical tensions

Version 0.15 (2024-01-03 12:21:17.766000)

updates: Added information about the euro's advance being limited due to concerns about the German economy and the potential for a regional recession. Added information about the dollar tending to weaken at the end of the year due to seasonal factors and corporate activity. Added information about investors scrutinizing the minutes from the Fed's December meeting for hints about rate cuts. Added information about sterling's performance in the previous session. [3e150111]

Version 0.14 (2024-01-03 09:26:24.540000)

updates: Updates on the dollar's performance and investor focus on U.S. data

Version 0.13 (2023-12-27 15:02:51.126000)

updates: Euro rises to highest level in five months

Version 0.12 (2023-12-22 16:04:31.907000)

updates: Euro gains against dollar, Gold surges to three-week high, European shares fall

Version 0.11 (2023-12-21 14:01:16.004000)

updates: Euro gains against dollar, European shares slip, Gold range-bound, Brent near $80, US output hits record

Version 0.1 (2023-12-19 14:06:57.640000)

updates: Mixed reports on jobless claims and eurozone economy impact US dollar

Version 0.09 (2023-12-08 06:26:43.577000)

updates: Updates on jobless claims and eurozone economy

Version 0.08 (2023-12-07 07:57:25.529000)

updates: Updated information on the USD strength and employment data

Version 0.07 (2023-12-05 01:46:25.664000)

updates: Updates on US factory orders, Federal Reserve Chair's statement, ECB's inflation target, ISM Services PMI, JOLTS Job Openings, Reserve Bank of Australia's interest rate, Bitcoin's growth, and Gold's price

Version 0.06 (2023-11-24 13:48:41.950000)

updates: Added information about the stock market rally and hedge fund losses

Version 0.05 (2023-11-23 23:04:57.474000)

updates: Eurozone downturn easing, US markets closed for Thanksgiving

Version 0.04 (2023-11-23 16:04:29.046000)

updates: Eurozone downturn easing, UK business activity growth, Binance CEO steps down, China's Zhongzhi Enterprise Group insolvency

Version 0.03 (2023-11-23 13:09:42.960000)

updates: Updates on German PMIs, US Thanksgiving holiday, GBP/USD, gold prices, XRP price

Version 0.02 (2023-11-23 09:17:22.979000)

updates: EUR/USD rises to daily high after positive German PMIs

Version 0.01 (2023-11-23 05:58:01.207000)

updates: Private sector PMIs for November in focus

Version 0.0 (2023-11-16 06:41:51.510000)

updates: