FOMC rate decision takes center stage today, with a 25bps rate cut widely anticipated, lowering the federal funds rate to 4.25–4.50%. Markets see virtually no chance of a different outcome, making the focus squarely on Fed Chair Jerome Powell’s statement and the updated economic projections. Expectations are for Fed to signal a slower pace of […]
The post Key FOMC Questions: Pause in January, Easing Path in 2025, and Neutral Rate appeared first on Action Forex.
The rise in popularity of e-commerce platforms has made shopping more convenient and time-efficient than ever, making it easier for shoppers to purchase items from their favorite brands with the simple click of a button Read more…
In general, Americans need to take warnings from the U.S. Department of State seriously. When those warnings reach Level 3, “Reconsider Travel,” or Level 4, “Do Not Travel,” that’s generally a loud warning bell to Read more…
USDJPY remains steady, though at narrower range on Wednesday, awaiting the FOMC verdict later today. Tuesday’s dip from new three-week high, which interrupted a six-day rally, is likely to be short-lived, as the dollar remains Read more…