The Federal Reserve’s benchmark rate will remain unchanged on Wednesday. But that’s almost the only thing that remains the same as it was when Chairman Jerome Powell and his colleagues last met in December 2024.
US Economy
Gold prices edge lower as spotlight shifts to US non-farm payrolls data
Gold prices edged lower on Thursday as investors held back from placing big bets ahead of US non-farm payrolls data that could influence the Federal Reserve’s interest rate trajectory as markets awaited this year’s final policy-setting meeting.
Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.
For stock markets, the short-term and long-term outcomes of the тАЬTrump trade” wonтАЩt necessarily be the same.
Donald TrumpтАЩs victory
So far, President-elect Donald TrumpтАЩs victory Tuesday has been positively received by investors, as was the case in 2016. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by TrumpтАЩs stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S.
The Fed’s Jackson Hole conference has begun: Know what to expect
The Federal Reserve Bank of Kansas CityтАЩs annual gathering in Jackson Hole, Wyoming kicked off Thursday evening with a dinner filled with central bankers, economists and reporters from the around the world. HereтАЩs what to expect from the three-day conference:
рдХрдЪреНрдЪреЗ рддреЗрд▓ рдореЗрдВ рд▓рдЧрд╛рддрд╛рд░ рдЧрд┐рд░рд╛рд╡рдЯ; рдмреНрд░реЗрдВрдЯ рдХреНрд░реВрдб 8 рдорд╣реАрдиреЗ рдХреЗ рдирд┐рдЪрд▓реЗ рд╕реНрддрд░ рдкрд░ рдкрд╣реБрдВрдЪрд╛, рдЬрд╛рдирд┐рдП рдХреНрдпрд╛ рд╣реИ рд╡рдЬрд╣?
рдЕрдореЗрд░рд┐рдХрд╛ рдореЗрдВ рдордВрджреА рдХреА рдЖрд╢рдВрдХрд╛ рдФрд░ рдорд┐рдбрд┐рд▓ рдИрд╕реНрдЯ рдореЗрдВ рдЬрд┐рдпреЛ рдкреЙрд▓рд┐рдЯрд┐рдХрд▓ рддрдирд╛рд╡ рдХреЗ рдХрд╛рд░рдг рдХрдЪреНрдЪреЗ рддреЗрд▓ рдХреА рдХреАрдорддреЛрдВ (Crude Oil Prices) рдореЗрдВ рд▓рдЧрд╛рддрд╛рд░ рджреВрд╕рд░реЗ рджрд┐рди рдЧрд┐рд░рд╛рд╡рдЯ рдЖрдИ рдФрд░ рдпреЗ 8 рдорд╣реАрдиреЗ рдХреЗ рдирд┐рдЪрд▓реЗ рд╕реНрддрд░ рдкрд░ рдкрд╣реБрдВрдЪ рдЧрдпрд╛. рдмреНрд░реЗрдВрдЯ рдХреНрд░реВрдб 1% рдЯреВрдЯрдХрд░ $76/рдмреИрд░рд▓ рдХреЗ рдиреАрдЪреЗ рдлрд┐рд╕рд▓рд╛ рд╣реИ.
Fed Meeting Results: FOMC рдиреЗ рджрд░реЗрдВ рд╕реНрдерд┐рд░ рд░рдЦреАрдВ, рдкреЙрд╡реЗрд▓ рдиреЗ рдХрд╣рд╛ рдХрд┐ рд╕рд┐рддрдВрдмрд░ рдореЗрдВ рдХрдЯреМрддреА рд╕рдВрднрд╡ рд╣реИ
ЁЯЯв Fed Meeting Results: рдпреВрдПрд╕ рдлреЗрдбрд░рд▓ рд░рд┐рдЬрд░реНрд╡ рдиреЗ 31 рдЬреБрд▓рд╛рдИ рдХреЛ рджреЛ рджрд┐рд╡рд╕реАрдп рдлреЗрдбрд░рд▓ рдУрдкрди рдорд╛рд░реНрдХреЗрдЯ рдХрдореЗрдЯреА (FOMC) рдХреА рдмреИрдардХ рдХреЗ рдмрд╛рдж рдмреНрдпрд╛рдЬ рджрд░ рдХреЗ рдЕрдкрдиреЗ рдлреИрд╕рд▓реЗ рдХреА рдШреЛрд╖рдгрд╛ рдХреА, рдЬрд┐рд╕рд╕реЗ рдмреЗрдВрдЪрдорд╛рд░реНрдХ рдмреНрдпрд╛рдЬ рджрд░реЗрдВ рд▓рдЧрд╛рддрд╛рд░ рдЖрдард╡реАрдВ рдмреИрдардХ рдХреЗ рд▓рд┐рдП 5.25 рдкреНрд░рддрд┐рд╢рдд – 5.50 рдкреНрд░рддрд┐рд╢рдд рдкрд░ рдЕрдкрд░рд┐рд╡рд░реНрддрд┐рдд рд░рд╣реАрдВ, рдЬреЛ рд╡реЙрд▓ рд╕реНрдЯреНрд░реАрдЯ рдХреЗ рдЕрдиреБрдорд╛рдиреЛрдВ рдХреЗ рдЕрдиреБрд░реВрдк рд╣реИред
Fed Expected to Keep Interest Rates Steady and Hint at Rate Cuts in September 2024
Federal Reserve officials this week may move closer to lowering interest rates from two-decade highs by signaling a possible rate cut in September, though they may stop short of giving details beyond that.