US Fed Meet Highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent – 5.50 per cent for the fourth straight meeting, in line with Street estimates.
The US central bank ended its first policy-setting meeting of the year and unanimously voted to hold the policy rate at the 23-year high mark, but said it “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two per cent.”
The rate-setting panel also said the “risks to achieving its employment and inflation goals are moving into better balance,” ending roughly two years in which its bias has been to moving rates higher and the risks seen as tilted towards those posed by escalating prices.
“Inflation has eased over the past year, but remains elevated,” Fed said in the statement, restating that officials “remain highly attentive to inflation risks.”
The Fed’s prior statement, issued in December 2023, had laid out the conditions under which it would consider “any additional policy firming,” language that excluded any consideration of rate cuts. The language was a blow to investors who have been expecting rate cuts to start as early as March.
After raising the policy rate by 5.25 percentage points since March of 2022 in one of the swiftest Fed reactions to rising price pressures, the central bank has now kept the policy rate on hold since July as inflation edges closer to its target.
Stay tuned to our US Fed Meeting Live blog for the latest updates on FOMC meeting outcome.
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US Fed Meet Live: FOMC to meet next in March 2024
US Fed Chair Powell-led FOMC will now meet on March 19-20 to deliberate for the next set of policy decisions.
US Fed Meet Live: Dollar rebounds as Fed’s Powell sees March rate cut as unlikely
The dollar gained on the euro and pared losses against the yen on Wednesday after Federal Reserve Chair Jerome Powell said that a rate cut in March was not the US central bank’s “base case.” It came after the Fed offered a neutral and less dovish outlook on rates than many investors had expected. The dollar index was last up 0.26 per cent on the day at 103.66. It is on track for a 2.3 per cent gain this month, the best month since September.
US Fed Meet Live: Gold drifts lower after Powell pushes back prospect of March rate cut
Gold prices reversed course and edged lower on Wednesday after the Federal Reserve Chair Jerome Powell pushed back strongly against expectations of a US rate cut by March.
Spot gold eased 0.1 per cent at $2,034.37 per ounce after rising as much as one per cent earlier in the session. Bullion was down 1.3 per cent this month but have held above the $2,000 per ounce psychological level so far this year. US gold futures settled 0.8 per cent higher at $2067.4, according to news agency Reuters.
US Fed Meet Live: Treasury rally cools as Fed signals there’s no rush to cut rates
US Treasuries pared their gains Wednesday after the Federal Reserve kept interest-rates steady but signaled it’s not in a rush to ease policy.
The Fed’s policy statement chipped away at the rally from earlier in the day, when yields slid as data showed a cooling in the labor market.
Yields remained down on the day, with the two-year Treasury rate down around seven basis points at 4.26 per cent, after falling as much as 15 basis points earlier. The 10-year yield — a baseline for mortgages and corporate loans — was down six basis points at 3.97 per cent, according to Reuters.
US Fed Meet Live: US stock losses accelerate after Fed indicates rate cuts not imminent
The market’s losses accelerated after the Federal Reserve indicated the cuts to interest rates that investors crave so much likely won’t arrive in March, as many traders had hoped.
The S&P 500 was 1.3 per cent lower in shaky afternoon trading and heading for its worst loss in six weeks. It veered between a loss of just 0.4 per cent and 1.4 per cent as traders revamped their bets for when the Fed would ease its main interest rate down from its highest level since 2001.
The Dow Jones Industrial Average was down 198 points, or 0.5 per cent, as of 3:06 p.m. Eastern time, while the Nasdaq composite was 1.9 per cent lower.
Alphabet was one of the heaviest weights on the market, and it fell seven per cent despite reporting stronger profit and revenue for the latest quarter than analysts expected.
US Fed Meet Live: Stocks, yields slide after Fed sends hawkish message
World shares slipped lower and Treasury prices pared gains after the Federal Reserve left interest rates unchanged as expected on Wednesday and indicated it would not reduce them until the pace of inflation was “moving sustainably” towards its two per cent target.
The dollar index pared losses after the US central bank also dropped a longstanding reference to possible further hikes in borrowing costs in a statement unanimously approved by policymakers at the conclusion of a two-day meeting. MSCI’s gauge of stocks across the globe shed 0.18 per cent and Wall Street remained under the weather, with the tech-rich Nasdaq down 0.85 per cent at a week’s low.
US Fed Meet Live: Fed’s Powell knocks down prospect of a March rate cut
Fed Chair Jerome Powell pushed back strongly on Wednesday on the idea that the central bank could cut rates in the spring, as many market participants have been expecting.
“I don’t think it’s likely the committee will reach a level of confidence by the time of the March meeting” to lower rates, “but that’s to be seen,” Powell said, adding that a March cut is not the base case for policy makers.
US Fed Meet Live: Powell says future path on inflation still uncertain
Federal Reserve Chair Jerome Powell said that the US economy has made some good progress, with inflation easing from its highs without signs of increased unemployment. Still, there is work to be done, he said. “Inflation is still too high, ongoing progress in bringing it down is not assured and the path forward is uncertain,” Powell said, according to CNBC. “I want to assure the American people we are fully committed to returning inflation to our two per cent goal,”
US Fed Meet Live: ‘Almost everyone’ on Fed committee in favor of rate cuts this year, says Powell
Nearly all members of the US central bank’s rate-setting committee support lowering interest rates this year, Federal Reserve Chair Jerome Powell said Wednesday, after a meeting that kept rates unchanged but hinted of cuts ahead.
“But the timing of that is going to be linked to our gaining confidence that inflation is on a sustainable path down to two percent,” Powell told a press conference.
US Fed Meet Live: Fed expands investing restrictions to more of top staff
The Federal Reserve on Wednesday announced changes to its nearly two-year-old ethics system that extends who is covered under it, as well as enhancing how the Fed can ensure that its top workers are in compliance.
In a press release issued by the FOMC at the close of the policy-setting panel’s meeting on Wednesday, the Fed said it will subject more of its top central bank staff to tight limitations on how they can trade and invest for their personal accounts, and will now include those “who regularly and materially advise FOMC participants on the conduct of monetary policy.” Fed policy makers and top staff were already subject to those restrictions.
“The updated policy supports a new compliance regime where staff with access to the most sensitive FOMC information may be directed to submit brokerage statements or other securities transaction statements to verify the accuracy of their financial disclosures,” the Fed said.
US Fed Meet Live: US Fed’s key lending rate ‘likely at its peak’, says Powell
The US central bank’s benchmark lending rate has probably reached a peak, Federal Reserve Chair Jerome Powell said Wednesday, after the bank announced it was holding rates steady for a fourth straight meeting.
“We believe that our policy rate is likely at its peak for this tightening cycle and that if the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,” he told reporters at a press conference after the rate decision.
US Fed Meet Live: How is this verdict different from December?
The FOMC used its first meeting of the year to reaffirm its long-term goals and monetary policy strategy, including its commitment to a two per cent average inflation target. Among other changes to the statement, the committee omitted language that had been included in some form since last March, calling the banking system “sound and resilient” and warning that tighter credit conditions were likely to weigh on the economy.
US Fed Meet Live: US economy at a glance
US inflation fell more steeply, with the Fed’s favored measure ending the year at 2.6 per cent. The economy expanded more quickly, with gross domestic product climbing 2.5 per cent. The US jobs market was stronger, with the unemployment rate in December clocking in at 3.7 per cent, generally in line with where it was when Fed officials began raising rates in March 2022. Across the board, the economy performed better than policymakers expected last year.
US Fed Meet Live: Economic projections
Fed officials did not issue new economic projections at their meeting this week. As of the December 12-13 meeting, policymakers envisioned cutting the policy rate by 75 basis points over the course of this year, but they have been reluctant to commit to a start date until there is more data showing inflation has continued its downward trajectory.
Inflation has now been running below the Fed’s target on a seven-month basis while U.S. economic growth and the job market have remained largely intact. Economic activity “has been expanding at a solid pace,” the Fed said on Wednesday. Job gains “remain strong, and the unemployment rate has remained low.”
US Fed Meet Live: Dollar pares losses after Fed meeting statement
The dollar index pared losses Wednesday after the Federal Reserve left interest rates unchanged and dropped a longstanding reference to possible further hikes in borrowing costs. The dollar index was last flat on the day at 103.39. The euro was last down 0.16 per cent on the day at $1.08275. The greenback pared losses against the yen and was last down 0.66 per cent on the day at 146.72 yen.
US Fed Meet Live: Wall Street gyrates after Fed holds US rates steady, says no cuts imminent
The three major US stock indexes were already weighed down by weakness in tech and tech-adjacent megacap stocks the day after disappointing Alphabet results. All three turned lower ahead of Fed Chair Jerome Powell’s Q&A session, expected to begin shortly. At 02:10 p.m. (EST), the Dow Jones Industrial Average fell 61.72 points, or 0.16 per cent , to 38,405.59, the S&P 500 lost 46.13 points, or 0.94 per cent, to 4,878.84 and the Nasdaq Composite lost 222.88 points, or 1.44 per cent, to 15,287.02.
US Fed Meet Live: Fed inches closer to cutting rates but not right away
The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though not necessarily right away.
In a statement issued after their two-day meeting, Fed officials dropped their previous assertion that a rate hike was possible and instead adopted a more even-handed assessment of the future policy path.
“The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” the central bank’s policy-making Federal Open Market Committee said Wednesday.
“In considering any adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.”
But in a sign that officials are not in a rush to reduce rates, the FOMC also said it “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two per cent.”
US Fed Meet Live: FOMC may not cut rates in March
Policymakers signal they’re not yet ready to cut interest rates as soon as the next meeting in March, saying that a move likely won’t be appropriate until they gain more confidence that “inflation is moving sustainably toward two per cent”
Fed maintains its pace of quantitative tightening, with a maximum of $60 billion of Treasuries and $35 billion of mortgage-backed securities rolling off the balance sheet each month; statement doesn’t give any hint of change to the program.
US Fed Meet Live: Fed’s dual mandate for rate cuts
The Fed has a dual mandate to keep both inflation and the unemployment rate low, and has been heavily focused on bringing high inflation back down towards its long-term target of two per cent. The US central bank confirmed in a statement that it was holding its benchmark lending rate steady at a 23-year high between 5.25 per cent and 5.50 per cent.
US Fed Meet Live: FOMC’s first verdict for 2024
The US central bank confirmed in a statement that it was holding its benchmark lending rate steady between 5.25 per cent and 5.50 per cent, and said it is unlikely to start cutting rates without “greater confidence” that inflation is moving “sustainably” towards its long-term two per cent target. The central bank added that the “risks to achieving its employment and inflation goals are moving into better balance.”
US Fed Meet Live: FOMC keeps key rates unchanged for 4th straight meeting
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months in a policy statement that tempered inflation concerns with other risks to the economy and dropped a longstanding reference to possible further hikes in borrowing costs.
The US central bank’s latest policy statement gave no hint that a rate cut was imminent, and indeed said the policy-setting Federal Open Market Committee “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two per cent,” the Fed’s inflation target.
US Fed Meet Live: All eyes on Powell as FOMC set to announce first interest rate verdict of 2024
In the December meeting, the Fed said that inflation “has eased over the past year but remains elevated,” and would watch the economy to see if “any” additional rate hikes are needed. Fed’s policymakers had also signaled the end of policy tightening and said that they envision three interest rate cuts in 2024.
A near unanimous 17 of 19 Fed officials had projected that the policy rate will be lower by the end of 2024 than it is now – with the median projection showing it falling three-quarters of a percentage point from the current range.
US Fed Meet Live: Nasdaq sinks to 1-week low on Alphabet shares; Fed verdict in focus
The tech-heavy Nasdaq tumbled to over a week low on Wednesday, as Alphabet’s projections for rising AI costs dented most megacap and chip stocks ahead of a crucial Federal Reserve policy decision expected later in the day.
The Google-parent slumped 6.1 per cent, pushing the S&P 500 communication services sector three per cent lower, after reporting holiday-season advertising sales below expectations and projecting higher AI-related spending.
Microsoft also lost 1.3 per cent after it forecast higher costs to develop new artificial-intelligence features, which overshadowed its upbeat quarterly results.
US Fed Meet Live: Stocks retreat on US tech disappointment ahead of Fed meeting
Stock markets were mostly lower on Wednesday as shares in major US technology companies fell and many investors held off bets ahead of a key Federal Reserve interest rate meeting.
The Dow was little changed at midday in New York but the tech-heavy Nasdaq was down more than one percent as shares fell in Microsoft and Google owner Alphabet.
Investors expect the Fed to start cutting rates this year after hiking them to their highest level in more than two decades to combat inflation. But markets keep changing their minds about when those cuts could begin.
US Fed Meet Live: Fed Chair will not give concrete clues on rate cuts – here’s why
The US Federal Reserve is likely to leave rates unchanged today, but analysts say not to expect many concrete clues on shifts in the central bank’s policy stance in its post-meeting statement and in Fed Chair Jerome Powell’s remarks.
deVere Group’s chief executive Nigel Green says: “Wall Street and markets around the world will, of course, be looking for clues on shifts in the central bank’s policy stance in Chair Powell’s remarks after the meeting.”
“However, investors should not expect too many hints. We expect he will remain cautious on the future of potential rate cuts and want to see more evidence that the battle against inflation is won.”
‘’He’ll want to avoid cutting them prematurely and face the threat of inflation rising again. He will almost certainly push back against those market expectations of five cuts this year,” said Green.
US Fed Meet Live: Gold prices firm as spotlight shifts to US Fed policy meeting
Gold gained on Wednesday but was on track to snap its three-month winning streak, while markets were glued to the U.S. central bank’s policy rate outlook discussion later in the day.
Spot gold was up 0.7 per cent at $2,050.09 per ounce, while US gold futures rose 0.9 per cent to $2,049.40.
Gold has declined 0.6 per cent so far this month after surging to a record peak in December, as traders pared back bets of a March start to US rate cuts.
US Fed Meet Live: Energy shares drag FTSE 100 lower; Fed decision in focus
The UK’s blue-chip index fell on Wednesday, hurt by losses in energy shares and Vodafone, while investors awaited comments from Federal Reserve Chair Jerome Powell after the U.S. central bank’s policy decision later in the day.
The blue-chip FTSE 100 slipped 0.5 per cent, with heavyweights Shell and BP weighing on the index with a one per cent slide, tracking oil prices lower.
UK stocks logged their worst month since October as investors scaled back bets of aggressive interest rate cuts from major central banks, with concerns about China’s slowing economy adding to the gloom.
US Fed Meet Live: Crude oil extends losses ahead of Fed decision
Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in US crude inventories as oil producers ramped up output after following frigid weather earlier this month.
Prices were also pressured after US Energy Information Administration data showed weekly crude inventories rose by 1.2 million barrels last week. Brent crude futures for March, which expire today, fell 78 cents, or about 0.9 per cent, to $82.09 a barrel.
The more actively traded April contract was down $1.00, or about 1.2 per cent, at $81.50. US West Texas Intermediate crude futures lost $99, or roughly 1.3 per cent, to $76.83. Both benchmarks fell by more than $1 a barrel earlier in the session, according to news agency Reuters.
US Fed Meet Live: Street estimates
“Powell will be walking a tightrope in terms of policy from here because the U.S. economy is about as good as it gets, and frankly, at this point what they’re trying to do is to not screw it up,” said Matt Miskin, co-chief investment strategist for John Hancock Investment Management in Boston.
“It’s this balancing act for the Fed where you don’t want to have the economy so strong that it re-accelerates inflation or causes it to come back,” he said. “But you also want to be mindful that if inflation is coming down to your target, you don’t need to be overly restricted.”
US Fed Meet Live: Euro zone bond yields drop as data amps up rate-cut expectations
Euro zone government bonds rallied sharply on Wednesday, sending German yields on their biggest one-day slide in four months, after soft data from both sides of the Atlantic reinforced the view that interest rates are on the verge of dropping.
US data on wage growth and private-sector employment both undershot expectations, which supercharged a rally in short-dated Treasuries that fed into a fresh burst lower for European yields in afternoon trading.
The benchmark 10-year Bund yield, which is heading for its first monthly rise since September, dropped as much as 11.9 basis points, its largest daily fall since late September.
US Fed Meet Live: Dollar index could gain 3.4% YTD anticipating a hawkish FOMC
Markets are confident that the Fed and other major central banks will be able to lower interest rates later this year. Saqib believes that any Fed words perceived as less than dovish would not cause the currency to appreciate too much.
Tonight’s stance and seasonal factors may keep the dollar bid. The DXY can go upwards to 104.00 and above, marking a 3.4 per cent gain in 2024 after finding a bottom in the last week of 2023, according to Saqib Iqbal, a financial analyst at Trading.Biz.
US Fed Meet Live: What market experts say ahead of Fed meeting
Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd:
“Short covering in rate-sensitive stocks ahead of key US Fed policy rate decision and domestic Budget announcement tomorrow triggered a major rally in benchmark indices in a volatile led session. At a time when valuations are looking stretched and global macro concerns such as slowdown in China and geo-political tensions remain high, investors would resort to profit-taking at regular intervals and also bet on select stocks going ahead.”
US Fed Meet Live: When will US Fed start cutting rates?
Sujan Hajra, Chief Economist at Anand Rathi Shares & Stock Brokers underscored that the recent trends indicate a significant softening of inflation in the US, fueling market expectations of a potential rate cut by the Federal Reserve as early as March 2024.
However, considering the stronger-than-expected US economic growth, the robust state of the labour market, and the risk of reigniting inflation by prematurely initiating rate cuts, a rate reduction in March seems unlikely, Hajra said.
Even with the looming possibility of the US economy entering a recession in the latter half of 2024, the Federal Reserve is anticipated to exercise caution, aiming to maintain stable inflation expectations in the US, Hajra added.
US Fed Meet Live: 10-year yield dips below 4% as investors await Fed
US Treasury yields slid Wednesday morning on signs of slowing labor costs and a weaker than expected reading of private payrolls as investors awaited the closely-watched Federal Reserve interest rate decision.
US labor costs rose less than expected in the fourth quarter, leading to the smallest annual increase in two years, the Labor Department said. Private payrolls, meanwhile, increased by 107,000 jobs last month, the ADP National Employment Report showed on Wednesday.
US Fed Meet Outcome LIVE Updates: Gold prices firm as spotlight shifts to US Fed policy meeting
Gold gained on Wednesday but was on track to snap its three-month winning streak, while markets were glued to the US central bank’s policy rate outlook discussion later in the day.
Spot gold was up 0.4 per cent at $2,045.69 per ounce, while US gold futures rose 0.7 per cent to $2,044.90. Gold has declined 0.8 per cent so far this month after surging to a record peak in December, as traders pared back bets of a March start to US rate cuts, according to news agency Reuters.
US Fed Meet Outcome LIVE Updates: China manufacturing weighs on copper ahead of Fed decision
Copper prices held steady on Wednesday but came under pressure from data showing contraction in manufacturing activity in China and a stronger dollar ahead of an interest rate decision from the US Federal Reserve later in the day.
Three-month copper on the London Metal Exchange (LME) earlier touched a one-month high of $8,652 a metric ton after data from the exchange showed another drop in inventories of the industrial metal. It was up 0.1 per cent at $8,620 a ton in open official rings.
China’s manufacturing activity contracted for the fourth straight month in January, suggesting the sprawling sector and the broader economy were struggling to regain momentum at the start of 2024.
US Fed Meet Outcome LIVE Updates: US private sector job gains slow in January as labor market cools
Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world’s biggest economy and tame inflation. In January, the US added 107,000 jobs in the private sector, ADP said, down from a revised 158,000 in December.
Most employment gains were in service-providing sectors including leisure and hospitality, as well as trade, transport and utilities. But other service industries such as information lost positions.
US Fed Meet Outcome LIVE Updates: Dollar ekes out gains before Fed rate announcement
The dollar edged higher on Wednesday, heading for its biggest monthly gain since September, while the yen faced its sharpest monthly drop in almost a year as traders awaited a US rates decision.
The dollar index has gained 2.1 per cent against a basket of major currencies this month as markets lowered expectations on the speed and scale of US rate cuts given strong economic data and caution from central bankers.
On the day, the dollar index was up 0.1 per cent to 103.52, just below Monday’s 103.82 that matched last week’s seven-week high.
US Fed Meet Outcome LIVE Updates: World Shares
Shares globally though registered scant progress ahead of the Fed decision. The MSCI world equity index, which tracks shares in 47 countries, remained flat, just below a recent one-year high. The pan-European STOXX 600 index was last up 0.1 per cent, boosted by robust corporate updates and on track for a sixth straight session of gains and a monthly rise of 1.5 per cent.
US Fed Meet Outcome LIVE Updates: Nasdaq futures sink as Alphabet, Microsoft shares plunge
Nasdaq futures slid over one per cent on Wednesday, as tech giants Alphabet and Microsoft’s projections for rising AI costs disappointed investors, dragging megacap and chip stocks, ahead of the U.S. policy decision expected later in the day.
Alphabet slumped 5.7 per cent in premarket trading after the company reported holiday-season advertising sales below expectations and projected higher spending this year on items such as servers to power artificial intelligence.
US Fed Meet Outcome LIVE Updates: Meeting to confirm that FOMC has left behind its tightening bias: Deutsche Bank economists
US Fed Meet Outcome LIVE Updates: Main focus will be on FOMC rate decision or on Fed Chair Jerome Powell’s press conference to find cues of FOMC’s stance on rate cut.
This week’s meeting should serve “to confirm that the FOMC has left behind its tightening bias and has more intensely begun the discussion around rate cuts,” Deutsche Bank economists wrote in a note to clients.
US Fed Meet Outcome LIVE Updates: Jerome Powell’s commentary on inflation trajectory to be in focus
US Fed Meet Outcome LIVE Updates: As Fed meeting outcome is likely to come on expected lines, experts’ main focus will be on Fed Chair Jerome Powell’s commentary on the inflation trajectory.
Deepak Jasani, Head of Retail Research at HDFC Securities is of the view that investors will watch the language of the Fed in the policy statement after the end of the central bank’s first Federal Open Market Committee (FOMC) meeting of 2024, and in Fed Chair Jerome Powell’s post-meeting press conference.
US Fed Meet Outcome LIVE Updates: Majority of experts anticipate US Fed to initiate rate cuts in May or June
US Fed Meet Outcome LIVE Updates: Given the improvement in the US inflation situation, experts are hoping that the central bank would intiate rate cuts starting in May or June. The US job market and inflation situation has improved over the past few months.
“On one hand, inflation numbers continue to surprise to the downside. The Fed’s preferred gauge decelerated to 2.9 per cent in December, crossing below 3 per cent for the first time since early 2021, according to data published Friday. On the other, consumer spending continues to be surprisingly robust. It’s undoubtedly getting a boost from the downdraft in inflation, but the strength still may keep some worried that price pressures could mount once again,” reported Bloomberg.
US Fed Meet Outcome LIVE Updates: US stocks give mixed signals ahead of US Feed meeting outcome
US Fed Meet Outcome LIVE Updates: Before the announcement of the US Fed meeting, the US stocks finished on a mixed note on Tuesday.
On Tuesday, the Dow Jones Industrial Average rose 0.4 per cent to finish the day at 38,467.31. The broad-based S&P 500 slipped 0.1 per cent to 4,924.97, and the tech-rich Nasdaq Composite fell 0.8 per cent to 15,509.90.
US Fed Meet Outcome LIVE Updates: Central bank meeting outcome likely to hold clues on timing of future cuts
US Fed Meet Outcome LIVE Updates: As most economists are suggesting that the Federal Reserve is likely to hold its key lending rate steady for a fourth consecutive meeting, analysts will be keenly looking for any indication of how soon the US central bank could start cutting rates.
“The data to date has been stunningly good,” KPMG chief economist Diane Swonk wrote in a blog post this week.
US Fed Meet Live Updates: US Federal Reserve to announce its decision on key lending rates today
US Fed Meet Live Updates: US Fed will announce results on key lending rates on Wednesday. The central bank began its two-day meeting on Tuesday at which policymakers are expected to hold interest rates steady.
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Ananya Das is your guide to the latest trends, viral sensations, and internet phenomena. Based on a keen understanding of digital culture, Sophie navigates the ever-evolving landscape of trending topics. With an insightful and engaging approach, she explores what’s buzzing across social media platforms, ensuring readers stay in the loop with the most talked-about and shareable content online.
