Fed Holds, And Watches Consumers For Signs Ahead!

Digital Finance Analytics (DFA) Blog

Nov 02 2023 | 00:17:48

00:00 / 00:17:48

Show Notes

As expected, the US central bank’s policy-setting Federal Open Market Committee kept rates on hold following their latest meeting – in a target range of 5.25%-5.5%, a 22-year high. The decision is unanimous 12-0. The S&P 500 index and Treasuries extended their rally while the dollar slipped after the announcement. Traders also marked down chances of another hike over the coming months. Officials made minimal changes to the statement. One tweak was to upgrade their description of the pace of economic growth to “strong” from “solid” to reflect better economic data released since their September gathering. They continue to leave […]

Other Episodes

Episode

October 10, 2019 • 00:07:38

Household Financial Confidence Is Crushed Some More [Podcast]

Our September surveys show households remain in a careful state given the latest local and international economic news. Share this:EmailPrintTwitterFacebookLinkedInReddit

Episode

December 19, 2024 • 00:27:54

Dollar Taking No Prisoners As Fed’s Hawkish Cut Spooked Markets!

There was always going to be a question about the Fed’s December decision, would they react to the latest data, or position ahead of...

Episode

June 22, 2019 • 00:37:40

Up, Up And Away: The Property Imperative Weekly 22nd June 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Australian segment starts at 20:10. Share this:EmailPrintTwitterFacebookLinkedInReddit