No Data
Express News | The Federal Reserve raised its forecast for the US unemployment rate to 4.4% in 2024 and lowered its forecast for US GDP growth to 2.0% in 2024.
Express News | The Federal Reserve dot plot: The Federal Reserve expects the federal funds rate to be 4.4% at the end of 2024.
Express News | The Federal Reserve announced a 50 basis point interest rate cut, signaling the start of an interest rate cut cycle.
Former Federal Reserve "Hawk King": Interest rates should be cut by 25 basis points tonight, otherwise there will be no defense.
Brad believes that the Federal Reserve cannot defend a 50 basis point rate cut. The former 'Fed gossip agency' also stated that the communication of a 50 basis point rate cut is more challenging.
US Stock Market Outlook: The Federal Reserve's interest rate meeting is coming tonight; Pre-market soars nearly 53%! US space concept stock LUNR secures nearly $5 billion contract.
Apple has been surpassed by Xiaomi again after 3 years, falling to the third largest mobile phone brand in the world in August; United States Steel rose nearly 4% in pre-market trading, and the CEO said he is confident that the acquisition deal will eventually be approved by the US government; Another major bank is strongly bullish on gold: it will rise to $2900 next year.
What risks will the market face if the Federal Reserve doesn't cut interest rates by 50 basis points?
Goldman Sachs pointed out that the current market pricing is aggressive, with the risk of expectations falling short, which may have a negative impact on market sentiment and asset prices. The pace of future interest rate cuts may also be slower than market expectations. The market will focus on the released "dot plot" for more specific guidance from the Federal Reserve on future interest rate cuts and scope.