Fed Meeting Looms: Powell to Tackle Slowing Growth Amid Persistent Inflation

investing.com:

Following the ECB, all eyes are on the Fed's upcoming interest rate decision, and the US central bank is anticipated to hold rates steady.

Our proprietary tool now indicates a near-certainty of the Fed refraining from rate hikes in tomorrow's decision.

Powell's forthcoming remarks on interest rates will be key for investors, shaping investment strategies going forward.

After the ECB's decision, the Fed is also expected to leave interest rates unchanged, barring any surprises.

The likelihood of the Fed halting rate hikes is now nearly certain in tomorrow's decision, with our proprietary tool indicating a 100% probability (up from 98% the previous week).

Investors and analysts will closely monitor Powell's remarks to gauge the Fed's future actions and their impact on global markets.

Monetary policy decisions and rate projections will significantly influence future trading strategies and economic outlooks.

Regarding asset classes and portfolios, here's what different asset classes could indicate about what Powell might say:

However, it's important not to assume anything, as Fed rate cuts in 2024 are not guaranteed.

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