All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision – Economics Bitcoin News

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Equities, PMs, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next FOMC meeting.

The day prior, on Friday, Jan. 20, equity markets closed the day in the green. The top four benchmark stocks ended the day between 1% and 2.66% higher against the U.S. dollar. The Nasdaq Composite was the highest, rising 2.66%, the S&P 500 rose by 1.89%, the Russell 2000 index jumped 1.69% higher, and the Dow increased by 1% on Friday. U.S. equities have posted their second consecutive week of gains so far this year. The small-cap stock market index RUT has risen 7.

what the Fed will do at the FOMC meeting. Some believe an aggressive tightening schedule will continue, while others expect the Fed to ease up and pivot with a ‘soft landing.’that current leaders do not expect a recession. “The steps have been taken and it looks like we’re in a very good position to have that soft landing that everyone’s talking about,” Boushey insisted.

 

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75bps

Interesting to see the bull run in asset classes. DeFi has been a game changer unlocking global markets with trustless transactions. Could we be in the midst of a crypto moon mission? HODL

No doubt 🤑! With DeFi revolutionizing the way finance works, it's no surprise that crypto has been soaring📈. Can't wait to see what the next FOMC meeting brings to the table! 🤞

Now, all such meetings are now just formalities. There's nothing going to be much worry.They did what to do & for them now left is try for better one rather than more damages. federalreserve is now responsible for the loss of jobs of employees,more bank NPAs & slow down economy.

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