๐ดโ๐ฒ๐ฃ The Federal Reserve is preparing to announce its decision on Wednesday, amid almost certain expectations to keep interest rates between 3.5% and 3.75%, according to a CNBC report.
โ๐ด The war in the Middle East, fluctuations in oil prices above $100, and inflation fears are causing markets to closely watch for new signals from Jerome Powell.
โ๐ Market expectations: futures contracts indicate a potential first cut in September or October.
โ๐ฃ Analysts at Bank of America believe that Powell's ability to guide the markets depends on how much his comments are seen as a consensus expression of the committee.
โ๐ฃ Former Federal Reserve Vice Chair Roger Ferguson confirmed that the focus should be on inflation rather than unemployment.
โ๐ด๐ U.S. President Donald Trump continues to apply pressure, stating: "What is the best time to cut interest rates if not now? Even a third-grade student knows that," while facing legal obstacles for his nomination of Kevin Warsh to succeed Powell.
โ๐ Markets are awaiting a nearly predetermined decision, but Powell's statements โ and the political pressures from Trump โ will determine the direction of interest rates for the remainder of 2026.
#news
โ๐ด The war in the Middle East, fluctuations in oil prices above $100, and inflation fears are causing markets to closely watch for new signals from Jerome Powell.
โ๐ Market expectations: futures contracts indicate a potential first cut in September or October.
โ๐ฃ Analysts at Bank of America believe that Powell's ability to guide the markets depends on how much his comments are seen as a consensus expression of the committee.
โ๐ฃ Former Federal Reserve Vice Chair Roger Ferguson confirmed that the focus should be on inflation rather than unemployment.
โ๐ด๐ U.S. President Donald Trump continues to apply pressure, stating: "What is the best time to cut interest rates if not now? Even a third-grade student knows that," while facing legal obstacles for his nomination of Kevin Warsh to succeed Powell.
โ๐ Markets are awaiting a nearly predetermined decision, but Powell's statements โ and the political pressures from Trump โ will determine the direction of interest rates for the remainder of 2026.
#news