{"id":96445,"date":"2024-12-18T11:04:00","date_gmt":"2024-12-18T09:04:00","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=96445"},"modified":"2024-12-18T11:14:18","modified_gmt":"2024-12-18T09:14:18","slug":"feds-interest-rate-decision-to-rock-the-markets-2","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/id\/feds-interest-rate-decision-to-rock-the-markets-2\/","title":{"rendered":"Fed\u2019s interest rate decision to rock the markets"},"content":{"rendered":"

On a monetary policy level, we highlight the release of the Fed\u2019s interest rate decision, in the late American session today. The bank is widely expected to cut rates by 25 basis points and pause rate cuts in its next meeting. Hence, we place substantial attention on the bank\u2019s forward guidance which is to be included in the accompanying statement and Fed Chairman Powell\u2019s press conference later on. Also, the bank\u2019s macroeconomic projections and new dot plot are to affect the market\u2019s reaction. Should we see the bank show even more hesitation for more rate cuts, thus signaling a further slowdown of its rate-cutting path we may see the USD getting some support. Please note that volatility may extend beyond the time of the release, given Powell\u2019s press conference, while it may also have ripple effects on other markets. For example, a possible hawkish cut could weigh on US equity markets and possibly gold\u2019s price.<\/p>\n\n\n\n

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