fed fungs rate
Potential Effects of Fed Rate Cuts on the Financial Landscape
While the Federal Reserve chose to maintain interest rates on Wednesday, a subtle shift in tone suggests the possibility of the first rate cut in four years, potentially scheduled for March. A noteworthy development is the removal of language from the Federal Open Market Committee's (FOMC) statement regarding the possibility of higher rates, indicating a significant shift in the Fed's stance on future rate actions.
What Does the FOMC Meeting Minutes Report Tell Us? | Daily Market Analysis
Key events: UK - Composite PMI (Dec) UK - Services PMI (Dec) USA - ADP Nonfarm Employment Change (Dec) USA - Initial Jobless Claims USA - Crude Oil Inventories
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