US FOMC meeting outcome LIVE: Jerome Powell-led key Federal Reserve meet to decide on interest rate cut begins today
US Federal Reserve meeting outcome LIVE Updates: The Federal Reserve’s FOMC meeting is set to start today, with investors and economists eagerly awaiting the decision on the monetary policy from Fed chair Jerome Powell and team. Powell had emphasised in a speech last month in Jackson Hole that the Fed is prepared to cut rates to support the job market. Adding to the economic backdrop, the U.S. retail sales data is set to provide insights into consumer spending trends, a critical component of the economy. Analysts expect these figures to reflect the health of the U.S. economy amid persistent inflationary pressures and rising borrowing costs. Together, these events could shape the trajectory of the financial markets, impacting everything from equities to the US dollar.
Stay tuned for live updates and analysis as these major economic indicators unfold in the next two days
US Federal Reserve meeting outcome LIVE Updates: The Federal Reserve’s FOMC meeting is set to start today, with investors and economists eagerly awaiting the decision on the monetary policy from Fed chair Jerome Powell and team. Powell had emphasised in a speech last month in Jackson Hole that the Fed is prepared to cut rates to support the job market.
Adding to the economic backdrop, the U.S. retail sales data is set to provide insights into consumer spending trends, a critical component of the economy. Analysts expect these figures to reflect the health of the U.S. economy amid persistent inflationary pressures and rising borrowing costs. Together, these events could shape the trajectory of the financial markets, impacting everything from equities to the US dollar.
Stay tuned for live updates and analysis as these major economic indicators unfold in the next two days