Page 13 - Fomc News Today

The primary policy tool which the Federal Reserve uses to influence the economy is the Federal Funds Rate (or "Fed Funds Rate"), the target interest rate at which comm...

Senior Federal Reserve officials are by no means unanimous about the central bank's December forecast showing three cuts in U.S. interest rates in 2024....

There is a theory that in terms of importance to the Fed, it goes Personal Consumption Index (PCE), PPI, then CPI.

Central bankers and investors sit far apart on where they expect interest rates, which currently sit at a two-decade high of over 5%, will settle at the end of next year.

CMEs FedWatch Tool points to a 98.4% probability of FOMC setting the FFR target at the current range this week, down from 97.1% a week ago and 90.9% a month ago.

The cost of living rose a scant 0.1% in November thanks to lower oil prices, but another key measure of inflation showed somewhat higher costs of other goods...

The cost of living rose a scant 0.1% in November thanks to lower oil prices, but another key measure of inflation showed somewhat higher costs of other goods...

Spot bullion was down 0.2% at $1,998.89 per ounce after dropping about 3.3% last week in its worst week in more than two months

The Fed is almost certain to hold rates steady on December 13. The main question is the Feds 2024 rate outlook, where the markets expect spring rate cuts.

The consolidation mode is expected to persist on Bursa Malaysia this week until more clarity surfaces about the global economic outlook.