Fed expected to keep interest rates unchanged, giving time to assess impact of Trump policies
the Federal Reserve is expected to maintain interest rates this week, giving themselves more time to reduce inflation and evaluate the impact of President Trump's policies on the economy. The Federal Reserve has cut interest rates three times since September, with a cumulative decrease of 1 percentage point. Currently, the Federal Reserve's benchmark interest rate range is 4.25% to 4.5%. Several decision-makers have indicated that they expect the number of interest rate cuts this year to decrease, as data shows that the US economy is performing well and inflation is more stubborn than expected. The inflation indicator favored by the Federal Reserve, the Personal Consumption Expenditures Price Index for December, is scheduled to be released on Friday.
Gregory Daco, Chief Economist at EY, said that the Federal Reserve will "pause the rate cut this week. They hope to preserve as much choice as possible so that they can further adjust the federal funds rate later this year."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Will List BUILDon (B) in the Innovation and Meme Zone
BLUEUSDT now launched for futures trading and trading bots
BTFD’s $0.0002 Launchpad Attracts Bulls—SLERF and GOAT Trade Red Among the Top New Meme Coins to Join Today
Explore the top new meme coins to join today. BTFD’s $0.0002 presale attracts bulls, while SLERF holds green and GOAT trades red in weekly charts.BTFD Coin’s Bulls Squad Powers a Presale Surge as Final Countdown BeginsGOAT Dips as Weekly Pressure MountsFinal Thoughts

Unstaked to Deliver 2,700% ROI, ICP Eyes $10 & SUI Rallies: Which Crypto Will Lead The Market in 2025?
ICP hits new resistance levels and SUI rallies, but Unstaked’s real AI utility and 2,700% ROI potential make it the crypto’s next big thing.ICP Eyes $10 as Support Holds StrongSUI Price Jumps 15%, But Aptos May Have the EdgeUnstaked: The Hidden Gem with 2,700% ROI PotentialFinal Thoughts

Trending news
MoreCrypto prices
More








