The Federal Reserve kept interest rates on hold and largely stuck to its path for interest-rate cuts to come later in the year, with policymakers undeterred by the recent pickup in inflation data. Chair Jerome Powell said prices pressures will continue to ease and it will likely be appropriat...
There’s a lot of excitement about today’s Fed policy decision considering no rate change is expected at the 2 p.m. announcement. Fed Chair Jerome Powell is also likely to avoid signaling that rate cuts are imminent when he holds a news conference after the decision. It’s why Wall Stre...
I’ll consider it a win if Pow Pow channel his Jackson Hole self again and leave the market with no doubts rate cut is not happening this year..that I give it 20% chance of happening dang Mar 5, 2024 at 8:35 pm My sense is that rate cuts are unlikely because I, personally...
Asia markets rallied Thursday after theFederal Reserve held interest ratesand maintained its forecast for three rate cuts this year. Japan’sNikkei 225as well as the Topix hit record highs. South Korea’sKospiand the small cap Kosdaq also led gains in the region. Overnight, U.S. stockssoared...