Federal Reserve Holds Rates Steady, Markets Eye Future Signals  The Federal Reserve is set to announce its latest decision regarding interest rates on Wednesday, with the announcement expected in the evening. Following the announcement, Chair Jerome Powell will hold a press conference, which is anticipated to begin shortly after. Unlike some p...

Gold Shines as Fed Holds Rates, Market Awaits Dovish Signals  Since the last FOMC meeting on June 12, gold has seen significant gains, while the dollar and crude oil have underperformed. Stocks and bonds have risen as well. US macroeconomic 'hard' data has generally weakened since the last FOMC meeting, despite occasional positive blips. This ...

Market Nervously Awaits Fed's Decision Amidst Hawkish Speculations and Volatility Concerns  The Federal Reserve's meeting today has garnered significant attention from market participants, with focus shifting to whether an uptick in Core PCE inflation forecast for 2024, driven by recent data, will prompt a more hawkish stance reflected in the ...