Fed Holds, And Watches Consumers For Signs Ahead!

November 02, 2023 00:17:48
Fed Holds, And Watches Consumers For Signs Ahead!
Digital Finance Analytics (DFA) Blog
Fed Holds, And Watches Consumers For Signs Ahead!

Nov 02 2023 | 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 0

December 29, 2022 00:07:19
Episode Cover

Falling Into The Close Of The Year! [Podcast]

More weakness in markets as we close the year. The realisation of higher rates and recession risk hitting earnings is hitting home as big-tech...

Listen

Episode 0

April 09, 2022 00:23:55
Episode Cover

The Push-Pull Market Dynamics... [Podcast]

In our weekly market review, we survey trends in the US, then Europe, Asia, and Australia, as well a covering developments in Oil, Gold...

Listen

Episode

June 22, 2019 00:37:40
Episode Cover

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

Listen