Inflation data is not optimistic. What exactly should the Federal Reserve do?

The Federal Reserve is likely to remain cautious and will not start cutting interest rates anytime soon

Zhitong Finance04:55 ET

The Federal Reserve faces a difficult choice between curbing continued inflation and avoiding a slowdown in growth

The economic data released on Thursday (April 26) paints a worrying picture of the US economy. Although the market has mostly avoided the panic, numbers suggest that the soft landing people are hoping for may be increasingly unlikely.

FX678 FinanceApr 26 11:19 ET

USD/JPY Forecast – US Dollar Continues to See Upward Pressure as BoJ Flinches

Yahoo FinanceApr 26 10:38 ET

The yen fell below the 157 mark! The Bank of Japan is not afraid of the depreciation of the yen, and the US inflation data remains high

USD/JPY broke through 157 intraday, reaching the 157.40 line, and surged 1.1% during the day. This was the first time since May 10, 1990, and has risen more than 11% so far this year. The yen fell below the 156 mark against the US dollar as the Bank of Japan showed little to boost the yen. Since then, as PCE prices, the core of the US inflation data, rose 2.8% year on year in March, slightly exceeding expectations, the decline of the yen against the US dollar further increased.

wallstreetcnApr 26 10:37 ET

The yen has fallen below the “bottom line”, how will Japanese stocks go in the future? The key is to look at the Federal Reserve and crude oil

Bank of America Merrill Lynch believes that as long as a sharp rise in crude oil does not cause the Federal Reserve to raise interest rates, Japanese stocks may rebound.

wallstreetcnApr 26 09:48 ET

Global Investors Ready to Buy USD/JPY and Test Tokyo's Mettle, Says BofA Global Research

Investors are now more enthusiastic about buying USD/JPY after sitting out its rally for much of the last two years, according to BofA Global Research strategists, even if this means going toe-to-toe

MT NewswiresApr 26 08:42 ET