With just three days until the September FOMC meeting, market expectations are leaning toward a 25-basis point rate cut, though there’s still some speculation about the possibility of a larger 50-basis point reduction. If the Federal Reserve does make this move on September 18, it would
FOMC
Will FOMC cut interest rate in July or just warm up for September meeting? FOMC meeting began on Tuesday amid hopes that Jerome Powell, Fed Chairman, could hint the timing or number of rate cuts at least until the end of 2024, this comes amid accelerating expectations that the Federal Open Market Committee will begin […]
Mohamed Hashad, Chief Market Strategist, Noor Capital Global financial markets concluded the first trading day of the new week under the sway of mounting geopolitical tensions in the Middle East, which dampened risk appetite. This led to a decline in several risky assets by the end of Monday’s trading session. However, another factor intervened to […]
The minutes of the Fed’s June meeting were made public, and they contained a plethora of signals that the markets interpreted differently with regard to the factors influencing the federal rate’s future trajectory. “Most monetary policymakers in the meeting of the Central Bank’s Board of Governors on June 11 and 12 last see that economic […]
Amid uncertainty surrounding interest rate cut forecasts for the remainder of this year, the Fed meets for two days to discuss monetary policy. When this meeting ends on Wednesday, June 12, traders, analysts, and investors look forward to the decisions made there in the hope of learning additional signals on the central bank’s strategies to […]