FED

NEWS DESK

Fed Holds Rates Steady – Century Financial

PR News Desk 20/03/2025

The Federal Reserve has decided to keep interest rates steady, meaning there will be no changes in this area for now. The median forecast for rate cuts remains unchanged from December, with expectations of two rate cuts being the central projection. Additionally, the Fed is slowing its Treasury

NEWS DESK

Fed Keeps Rates Unchanged, Eyes Inflation Progress Before Future Cuts – Century Financial

PR News Desk 30/01/2025

The Federal Open Market Committee meeting on 29th January went as expected widely by market participants, with the Federal Reserve keeping interest rates unchanged for a range of 4.25%-4.50%. In the three meetings prior to this, interest rates were cut by a total of 100 basis points. At the current moment, Fed Fund Futures suggest […]

NEWS DESK

Cryptocurrency Market Reacts to Fed’s Expected Rate Cut; Bitcoin Falls from All-Time High – Century Financial

PR News Desk 18/12/2024

Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. Bitcoin fell 2.4% to $103,688.0, after breaching the $108,000 level a day earlier. The largest cryptocurrency reached an all-time high of $108,244 for a brief period on Tuesday. This […]

NEWS DESK

Despite gains, bets on Fed could limit US Dollar’s uptrend – Noor Capital

PR News Desk 26/09/2024

The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the US Dollar Index (DXY), which […]

NEWS DESK

Financial Markets’ Weekly Recap: the size of Fed’s rate cut in focus

PR News Desk 16/09/2024

US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely to start rate cut September […]

NEWS DESK

Commodities sector eyes fourth weekly gain amid softer dollar and Fed expectations – Saxo Bank MENA

PR News Desk 02/09/2024

Commodities The commodities sector is heading for its fourth consecutive weekly gain, and throughout August the sector has been supported by a combination of a softer dollar, lower Treasury yields, and expectations the US Federal Reserve will announce the first of several cuts at the 18 September FOMC meeting. Traders and analysts watching US economic […]

NEWS DESK

Oil ends higher as Powell’s Fed policy comments lift prospects for U.S. demand

PR News Desk 26/08/2024

Oil ends higher as Powell’s Fed policy comments lift prospects for U.S. demand: Oil futures settled higher Friday, extending a bounce from the previous session, after comments from head of the Federal Reserve confirmed prospects for interest-rate cuts that would help strengthen the economy – and demand for crude. Halliburton Hit by Cyberattack:

NEWS DESK

Fed Aligns Actions with Market Expectations to Boost Investor Confidence

PR News Desk 01/08/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Jerome Powell Takes Center Stage After Fed’s Interest Rate Decision The Federal Reserve, under the leadership of Chairman Jerome Powell, has demonstrated unwavering commitment to aligning and determination to adjust its actions with market expectations. Their recent decision to maintain interest rates without deviation

NEWS DESK

Gold prices rise in Asia as traders anticipate fed signals; Copper and Crude Oil show mixed trends – APM Capital Market Report

News Desk 10/07/2024

Wallstreet market U.S. stocks gave up gains towards the close on Tuesday, however the S&P 500 and Nasdaq Composite were still able to edge up to new record closing highs. The Dow Jones finished down. The Federal Reserve remains squarely focused on the dual mandate to promote maximum employment and stable prices for the benefit […]

NEWS DESK

Fed does not rule out two rate cuts in 2024

News Desk 13/06/2024

Fed Chairman Jerome Powell noted that the revised forecast is a conservative approach and left open the possibility of additional rate reduction. Federal Reserve officials released a startling change to their estimates for the number of interest rate cuts this year. Following the two-day monetary policy meeting in Washington on Wednesday, policymakers released updated