{"id":80791,"date":"2024-04-18T11:55:25","date_gmt":"2024-04-18T08:55:25","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=80791"},"modified":"2025-12-30T12:22:34","modified_gmt":"2025-12-30T10:22:34","slug":"the-inflation-riddle","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/","title":{"rendered":"The inflation riddle"},"content":{"rendered":"<p>FED board Governor Bowman stated during her speech yesterday that \u201cinflation progress slows and possibly halts\u201d, implying that the bank may need to maintain interest rates at their current levels for a longer period of time. As such, the hawkish comments should they be re-iterated by other Fed policymakers could support the greenback.Australia\u2019s Unemployment rate for March which was released in today\u2019s early Asian session came in lower than expected at 3.8% versus 3.9%. The release implies that the Australian labour market may be stronger than expected, and thus could increase pressures on the RBA to adopt a more hawkish tone which in turn could support the Aussie.According to documents filed by Tesla (#TSLA), the company is preparing to ask investors to vote on Elon Musk\u2019s 2018 pay deal to a shareholder vote, following a Delaware court striking the pay package down a few months ago. According to the WSJ, this could set off a bitter battle among investors and governance experts. As such, should tensions increase with the company\u2019s future in doubt, it could weigh on the company\u2019s stock price.Boeing whistleblower Sam Salehpour stated during his testimony to Congress yesterday that he \u201cwas ignored. I was told not to create delays. I was told, frankly, to shut up\u201d. The testimony further dents Boeing\u2019s (#BA) safety reputation and culture as such, it could weigh on the company\u2019s stock price.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"The inflation riddle\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/vsXM9xnJFao?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>On a technical level EUR\/USD appears to be moving in a sideways fashion, with the pair bouncing off the 1.0599 (S1) support level. We maintain a b for the pair and supporting our case is the RSI indicator below our chart which currently registers a figure near 50, implying a neutral market sentiment.For our neutral outlook to continue, we would require the pair to remain within the sideways channel defined by the 1.0559 (S1) support level and the 1.0695 (R1) resistance line. On the flip side, for a bullish outlook, we would require a clear break above the 1.0695 (R1) resistance line with the next possible target for the bulls being the 1.0805 (R2) resistance level. Lastly, for a bearish outlook we would like to see a clear break below the 1.0599 (S1) support level, with the next possible target for the bears being the 1.0495 (S2) support line.<\/p>\n\n\n\n<p>US100Cash appears to be moving in a downwards fashion, having broken below the support turned to resistance level of&nbsp; 17800 (R1). We maintain a bearish outlook for the index and supporting our case is the RSI indicator below our chart which currently registers a figure of 40, implying some bearish market tendencies. For our bearish outlook to continue, we would require a clear break below the 17160 (S1) support level with the next possible target for the bears being the 16300 (S2) support line. On the flip side for a sideways bias we would like to see the index remain confined between the sideways channel defined by the 17160 (S1) support level and the 17800 (R1) resistance line. Lastly, for a bullish outlook we would require a clear break above the 17800 (R1) resistance line with the next possible target for the bulls being the 18500 (R2) resistance line.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-the-day\">Other highlights for the day:<\/h2>\n\n\n\n<p>Today we note a quiet European session and thus turn our attention to the American session, starting with the US weekly initial jobless claims figure, the US Philly Fed business index for April and the US Existing home sales figure for March. In tomorrow\u2019s Asian session we note Japan\u2019s CPI rates for March. On the monetary front, we make a start with the speech by ECB President De Guindos, followed by speeches from New York Fed President Williams, Fed Governor Bowman, Riksbank Deputy Governor Jansson, Atlanta Fed President Bostic, BoE MPC member Greene and ECB board member Schnabel and in tomorrow\u2019s Asian session, the speech by Atlanta Fed President Bostic. On a fundamental level, we note that the UN Security Council is set to meet on the Middle East at a ministerial level.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eur-usd-h4-chart\">EUR\/USD H4 Chart<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"975\" height=\"476\" src=\"\/wp-content\/uploads\/2024\/04\/image-90.png\" alt=\"support at  one point zero five nine nine and resistance at one point zero six nine five, direction sideways  \" class=\"wp-image-80792\" title=\"eur-usd-four-hourt -chart\"\/><\/figure>\n\n\n\n<p>Support: 1.0599(S1), 1.0495 (S2), 1.0385 (S3)<\/p>\n\n\n\n<p>Resistance: 1.0695 (R1), 1.0805 (R2), 1.0880 (R3)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-us100-daily-chart\">US100 Daily Chart<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"975\" height=\"476\" src=\"\/wp-content\/uploads\/2024\/04\/image-91.png\" alt=\"support at  one seven one six zero  and resistance at one seven eight zero zero, direction downwards  \" class=\"wp-image-80793\" title=\"us100- daily-chart\"\/><\/figure>\n\n\n\n<p>Support: 17160 (S1), 16300 (S2), 15160 (S3)<\/p>\n\n\n\n<p>Resistance: 17800 (R1), 18500 (R2), 19100 (R3)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1914\" height=\"454\" src=\"\/wp-content\/uploads\/2024\/04\/image-92.png\" alt=\"\" class=\"wp-image-80794\" title=\"benchmark-18-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"989\" height=\"571\" src=\"\/wp-content\/uploads\/2024\/04\/image-95.png\" alt=\"\" class=\"wp-image-80797\" title=\"table-18-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1635\" height=\"1125\" src=\"\/wp-content\/uploads\/2024\/04\/image-93.png\" alt=\"\" class=\"wp-image-80795\" title=\"morning-releases-18-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1715\" height=\"600\" src=\"\/wp-content\/uploads\/2024\/04\/image-94.png\" alt=\"\" class=\"wp-image-80796\" title=\"morning-releases-18-04-2024\"\/><\/figure>\n\n\n\n<p class=\"translation-block\">If you have any general queries or comments relating to this article please send an email directly to our Research team at <a href=\"mailto:research_team@ironfx.com\" target=\"_self\">research_team@ironfx.com<\/a><\/p>\n\n\n\n<p>Disclaimer:<br>This information is not considered as investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced, or hyperlinked, in this communication.<\/p>","protected":false},"excerpt":{"rendered":"<p>FED board Governor Bowman stated during her speech yesterday that \u201cinflation progress slows and possibly halts\u201d, implying that the bank<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-80791","post","type-post","status-publish","format-standard","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inflation Riddle Deepens as Fed Signals Rates Higher for Longer<\/title>\n<meta name=\"description\" content=\"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ironfx.com\/id\/wp-json\/wp\/v2\/posts\/80791\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The inflation riddle\" \/>\n<meta property=\"og:description\" content=\"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/\" \/>\n<meta property=\"og:site_name\" content=\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-18T08:55:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-30T10:22:34+00:00\" \/>\n<meta name=\"author\" content=\"IronFX Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/\"},\"author\":{\"name\":\"IronFX Team\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\"},\"headline\":\"The inflation riddle\",\"datePublished\":\"2024-04-18T08:55:25+00:00\",\"dateModified\":\"2025-12-30T10:22:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/\"},\"wordCount\":757,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"id\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/\",\"name\":\"Inflation Riddle Deepens as Fed Signals Rates Higher for Longer\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#website\"},\"datePublished\":\"2024-04-18T08:55:25+00:00\",\"dateModified\":\"2025-12-30T10:22:34+00:00\",\"description\":\"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/#breadcrumb\"},\"inLanguage\":\"id\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/the-inflation-riddle\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The inflation riddle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#website\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"description\":\"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"id\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#organization\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"contentUrl\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"width\":1200,\"height\":627,\"caption\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/id\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\",\"name\":\"IronFX Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"caption\":\"IronFX Team\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Inflation Riddle Deepens as Fed Signals Rates Higher for Longer","description":"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ironfx.com\/id\/wp-json\/wp\/v2\/posts\/80791\/","og_locale":"id_ID","og_type":"article","og_title":"The inflation riddle","og_description":"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.","og_url":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/","og_site_name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","article_published_time":"2024-04-18T08:55:25+00:00","article_modified_time":"2025-12-30T10:22:34+00:00","author":"IronFX Team","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/#article","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/"},"author":{"name":"IronFX Team","@id":"https:\/\/www.ironfx-cn.com\/id\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1"},"headline":"The inflation riddle","datePublished":"2024-04-18T08:55:25+00:00","dateModified":"2025-12-30T10:22:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/"},"wordCount":757,"commentCount":0,"publisher":{"@id":"https:\/\/www.ironfx-cn.com\/id\/#organization"},"articleSection":["Uncategorized"],"inLanguage":"id"},{"@type":"WebPage","@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/","url":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/","name":"Inflation Riddle Deepens as Fed Signals Rates Higher for Longer","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/id\/#website"},"datePublished":"2024-04-18T08:55:25+00:00","dateModified":"2025-12-30T10:22:34+00:00","description":"Inflation riddle deepens as Fed officials hint at prolonged high rates, shaping USD moves, equities sentiment, and FX market direction.","breadcrumb":{"@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/#breadcrumb"},"inLanguage":"id","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ironfx-cn.com\/id\/the-inflation-riddle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ironfx-cn.com\/id\/"},{"@type":"ListItem","position":2,"name":"The inflation riddle"}]},{"@type":"WebSite","@id":"https:\/\/www.ironfx-cn.com\/id\/#website","url":"https:\/\/www.ironfx-cn.com\/id\/","name":"Solusi Lengkap Turnkey Introducing Broker (IB) di IronFX","description":"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;","publisher":{"@id":"https:\/\/www.ironfx-cn.com\/id\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ironfx-cn.com\/id\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"id"},{"@type":"Organization","@id":"https:\/\/www.ironfx-cn.com\/id\/#organization","name":"Solusi Lengkap Turnkey Introducing Broker (IB) di IronFX","url":"https:\/\/www.ironfx-cn.com\/id\/","logo":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/www.ironfx-cn.com\/id\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","contentUrl":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","width":1200,"height":627,"caption":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX"},"image":{"@id":"https:\/\/www.ironfx-cn.com\/id\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.ironfx-cn.com\/id\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1","name":"IronFX Team","image":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","caption":"IronFX Team"}}]}},"_links":{"self":[{"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/posts\/80791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/comments?post=80791"}],"version-history":[{"count":0,"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/posts\/80791\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/media?parent=80791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/categories?post=80791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/id\/wp-json\/wp\/v2\/tags?post=80791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}