Market participants wait for the Federal Reserve to release 'dot plot' tomorrow

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.

The Federal Reserve will conclude the September FOMC on Wednesday. The meeting will be capped with a new policy statement and interest rate decision which will be released at 2 PM EDT and a press conference by Chairman Powell to be held at 2:30 PM EDT. The Fed is not expected to raise interest rates according to the CME's FedWatch tool, there is a 99% probability that the Fed will not raise their benchmark rate tomorrow.

According to a publication by the Federal Reserve Bank of San Francisco,"The Summary of Economic Projections offers important insights into the views of Federal Open Market Committee participants. The summary's"dot plot" charts each participant's assessment of the appropriate path for monetary policy given their economic outlook."

In June the Federal Reserve announced a pause in interest rate hikes. However, the quarterly economic projections that accompanied that decision revealed that 12 out of the 18 voting members anticipated two more ¼% rate increases by the end of this year.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 13. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: World shares lower, Tokyo closed, as focus turns to U.S. Federal Reserve meetingShares fell Monday in Europe and Asia, as investors awaited a meeting this week of the U.S. Federal Reserve.
출처: CTVNews - 🏆 1. / 99 더 많은 것을 읽으십시오 »

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decisionTOKYO (AP) — Asian shares were mostly lower in cautious trading Tuesday ahead of the Federal Reserve’s upcoming decision on interest rates. Japan's benchmark Nikkei 225 dropped 1.1% to 33,160.03. Australia's S&P/ASX 200 lost 0.5% to 7,196.70. South Korea's Kospi edged down 0.7% to 2,556.42. Hong Kong's Hang Seng slipped 0.2% to 17,893.99, while the Shanghai Composite fell 0.1% to 3,122.21. The Fed is due to wrap up a two-day meeting on Wednesday. Japan's central bank will meet Thursday-Friday as
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Global shares mixed ahead of U.S. Federal Reserve interest rate decisionGlobal shares were mixed in cautious trading Tuesday ahead of the U.S. Federal Reserve's upcoming decision on interest rates.
출처: CTVNews - 🏆 1. / 99 더 많은 것을 읽으십시오 »