What To Expect From The Fed's May Interest Rate Decision
Markets see no change in interest rates from the Fed on May 1. The question is when in 2024 rate cuts might come, but that will likely depend on incoming inflation data.
Source: forbes.com
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Top News In Fed Statements Today - Breaking & Trending Today
stock market: US stock market: Wall Street ends slightly higher after mixed Fed statements
All three major U.S. stock indexes lost momentum as the session progressed, but ended the range-bound session in the green.
Source: indiatimes.com
Currency market: USD/JPY and Fed funds long term averages
USD/JPY weekly trade as posted Tuesday: Short 114.22 and 114.37 to target 113.46 then 113.31 Highs 113.94, lows 113.26 and +57 Pips. Sad sad week for
Source: fxstreet.com