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No rate cuts in June and only one expected in 2024
The Forex Market· 1 day agoThe Federal Open Market Committee (FOMC) did not announce any federal fund rate cuts at its June meeting, which concluded Wednesday afternoon. The...
When’s the next Federal Reserve meeting? The FOMC — and how it affects your finances
AOL· 1 day agoAt the conclusion of its Federal Open Market Committee session on June 12, 2024, the Fed announced leaving the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking ...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 3 days agoThe Dow Jones, S&P 500 and Nasdaq all surged in the minutes after the market opened over an...
Fed Faces Dot-Plot Cliffhanger as May Inflation Report Looms
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Federal Reserve officials may not be ready to finalize closely watched projections...
AUD/USD Forecast – Aussie Continues to Be Choppy
FX Empire via Yahoo Finance· 4 days agoThe meeting and probably more importantly, the press conference, could give us an idea as to what we are doing with the US...pair for some time. And with...
UK GDP stagnates as election enters final three weeks
The Forex Market· 3 days agoEU mid-market update: UK GDP stagnates as election enters final 3 weeks; Fed's dot plot being...
Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
The Cointelegraph· 2 days agoCryptoCon supported their Bitcoin prediction using the “Magic Bands” model, which breaks up the cycle into different levels based on previous cycle peaks and bottoms to predict...
Stock Market Today: Stocks pare gains as Fed holds rates steady despite soft inflation data
TheStreet via Yahoo Finance· 3 days agoEyes will now be on policy setters at the FOMC to see if this softer print will materially change...
Forecasting the Coming Week: Politics in Europe, Fedspeak remain in the spotlight
The Forex Market· 17 hours agoThe US Dollar added to the post-FOMC optimism and reclaimed the 105.00 barrier and above, despite US...
Dems call for immediate rate cuts as Fed policy worsens U.S. housing crisis
The Raw Story· 4 days agoIn a letter to Fed Chair Jerome Powell ahead of the Federal Open Market Committee's (FOMC) two-day...