Fed-Speak: Rate cuts coming [09-09-2024]

FOMC Forecast Today: How Much Will the FOMC hike?

FOMC Forecast Today: Expectations for what the Fed will do at its next meeting have been on a bit of a rollercoaster. This has created some fluctuations in the dollar, as well as the stock market. But now that Fed officials are sitting down for the two-day policy rate decision, it seems like economists are finally coming to some kind of agreement on what to expect tomorrow.

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FOMC June Minutes Outlook: FOMC will release the minutes of the June policy meeting on Wednesday, July 6.

FOMC Outlook: The US Dollar Index (DXY), which tracks the greenback’s performance against a basket of six major currencies, surged above 106.00 and reached its highest level in nearly two decades on Tuesday. The widening policy divergence between the US Federal Reserve and other major central banks, especially the European Central Bank, continues to boost the dollar. Additionally, the currency capitalizes on safe-haven flows with investors growing increasingly worried about a global recession.

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Fed Meeting press conference quotes

What to Expect From the Fed’s March 21 Meeting

(Bloomberg View) – At the meeting this week of the Federal Open Markets Committee, the first with Jerome Powell as chairman, the Federal Reserve is likely to raise interestRates by 25 basis points, renew its commitment to two more hikes of similar size in 2018, and reaffirm the plan to gradually reduce the size of its balance sheet. These actions will constitute another step forward in the “beautiful normalization” of monetary policy.

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Fed Announcement

FOMC Meeting Date March 14-15

FOMC Meeting Date March 14-15

Gold Silver Reports — The dollar benefited last week from comments from various Federal Reserve officials regarding the potential for an interest rate increase at the March 14-15 FOMC meeting.  

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