Fed Meeting Preview: Investors Eager for Rate Cut Clues
Federal Reserve chair Jerome Powell is set to announce the bank's rate decision on Wednesday, with investors awaiting guidance on the monetary policy outlook ahead.
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Capturing dividend yield is one of the safest bets in times of higher interest rates that are likely to remain so.
Federal Reserve chair Jerome Powell is set to announce the bank's rate decision on Wednesday, with investors awaiting guidance on the monetary policy outlook ahead.
Core PCE index, the Federal Reserve's favored inflation metric, rose in line with consensus estimates in December.
The Federal Reserve is less likely to begin cutting rates in March after recent economic data and comments by Fed officials.
Gold fell over 0.7% on Tuesday amid strengthening dollar and rising yields, as well as uncertain Fed path.
Treasury yields surged on Friday after the NFP report for December exceeded expectations, raising questions about the Fed's plans for a dovish pivot.
Gold rose 1% to the highest point in over two weeks after the Fed's preferred inflation gauge came in softer than expected.
Inflation in the UK fell abruptly to 3.9% in November, the lowest since September 2021.
Equities, gold, and crypto markets all advanced on Thursday following the Fed's much-awaited dovish pivot.
Gold touched a new all-time high on Monday, lifted by Jerome Powell's remarks that current interest rate levels are keeping inflation under control.
Gold rose to a 6-month high on Monday after recent upbeat economic data weakened the US dollar.
New Fed minutes data is expected to include a "superficially hawkish rhetoric" that rate-hiking cycle may not be over. However, that's not what investors actually think.
Initial job claims rose faster-than-anticipated in the week ended Nov. 11, underscoring a slowdown in the US labor market. Treasury yields fell on the report.