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No rate cuts in June and only one expected in 2024
The Forex Market· 3 hours agoThe Federal Open Market Committee (FOMC) did not announce any federal fund rate cuts at its June meeting, which concluded Wednesday afternoon. The...
Bitcoin, Ethereum, Dogecoin Retrace Morning Pump After FOMC Press Conference: 'Cold Glass Of Water...
Benzinga· 2 days agoCryptocurrency markets pumped on positive CPI data but retraced the move after an unexpectedly...
Goldman still expects two Fed rate cuts this year despite hawkish dot plot
Investing.com via Yahoo Finance· 1 day agoThe June dot plot surprised the markets with a more hawkish stance, showing a median projection of one rate cut in 2024, contrary to the two cuts that consensus had expected.
The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
Fortune via Yahoo Finance· 2 days agoDavid Russell, global head...further progress toward the Fed’s 2% inflation target, for example. And...
FOMC leaves rates alone but scales back 2024 easing outlook
Reuters via Yahoo Finance· 2 days agoFederal Reserve Chairman Jerome Powell said at a press conference after the announcement that a...
FOMC Meets Today. Rates Will Hold Steady but 'Dot Plot' Forecasts Could Change.
Barrons.com· 2 days agoMay inflation data will be released at 8:30 a.m. ET. The Federal Reserve’s policy-making committee...
The Real Story Behind the Fed's "Soft Landing" Narrative
Ludwig von Mises Institute· 15 hours agoThe target rate has now been flat at 5.5 percent since July of 2023—as the Fed waits and hopes that...
Asian Metals Market Update for 12th June 2024
GoldSeek.com· 4 hours agoFollowing FOMC, the world is watching precious metals and base metals trends. Over-hyped? Yes. Buy on crash strategy is also still very active.
Why the Fed Is Unlikely to Cut Interest Rates Before December
Barrons.com· 21 hours agoMay inflation figures were a step in the right direction...to clear before the Fed can justify...
Federal Reserve monetary policy: Speculation and wild guesses
The Forex Market· 13 hours agoIt's almost as if the central bankers at the Federal Reserve are throwing darts at the wall to...