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Powell speech: What matters for inflation is how long the rise in oil prices lasts

Fed Chair Jerome Powell said on Thursday that what matters for inflation is how long the oil price rise lasts, reported Reuters. 

USD/RUB: Russian ruble could experience a modest recovery by the end of quarter – Wells Fargo

Analysts at Wells Fargo continue to forecast a weaker Russian ruble over the longer-term, with risks around a higher USD/RUB exchange rate. In the sho
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BoC Governor Macklem: “A natural next step” after rate hike is to move to QT

Bank of Canada Governor Tiff Macklem said on Thursday that the decision to hike interest rates means ending reinvestments and moving towards Quantitat
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