What To Look For From December's CPI Report
The Federal Reserve is becoming more confident that the inflation outlook is improving, but will still examine upcoming CPI data closely
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The Federal Reserve is becoming more confident that the inflation outlook is improving, but will still examine upcoming CPI data closely
The Federal Open Market Committee (FOMC) discussed at its last meeting that interest-rate cuts were likely to happen in 2024, but didn't give any details on when the central bank might start to loosen monetary policy.
US stocks dropped sharply on Wednesday with the Dow falling nearly 300 points after minutes from the latest Federal Reserve policy meeting failed to give conclusive evidence of when the central bank might start to cut interest rates.
Wall Street stocks closed mostly lower on Thursday following the release of minutes from last month's FOMC meeting.
KUALA LUMPUR: The ringgit continued its downtrend against the greenback before the release of the Federal Open Market Committee (FOMC) minutes tonight.