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The FOMC committee members have undergone a major turnover! With more hawks taking positions, will the Federal Reserve's policy stance undergo a "dramatic change" in 2025?
As the time approaches 2025, the annual rotation of voting members of the Federal Open Market Committee (FOMC) will also occur, and the addition of new members may somewhat increase resistance to further interest rate cuts.
2024 financial events summary! The Federal Reserve's interest rate cut cycle has officially begun, with the U.S. stock market, Bitcoin, and Gold all reaching new highs, and NVIDIA's Market Cap even temporarily topping the Global rankings.
In 2024, with the Federal Reserve's first interest rate cut in four years, Global Assets flourish, with Japanese stocks, Gold, US stocks, Bitcoin, and others breaking historical highs one after another. Chinese Assets experienced an epic surge in October.
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