Next Week Macro Outlook: The Fed will announce its rate decision on Thursday, followed by a press conference by Powell
BlockBeats News, January 24. This week, the market once again saw the Trump "TACO" trade. The escalating situation related to the "Greenland" led to a 1% to 3% global stock market decline. However, after Trump "backed down," the U.S. stock market rebounded to near historical highs. Precious metals have reached the next milestone: silver surpassed $100, and gold is very close to $5000. Looking ahead to next week, market volatility is unlikely to ease. Weekend anxiety about Iran and a generally tense atmosphere are heating up the market, especially as the Federal Open Market Committee (FOMC) meeting approaches and Trump prepares to announce his pick for the next Fed chair. Here are the key points the market will focus on in the new week (all in East 8th District Time):
Thursday 03:00, Federal Reserve FOMC announces interest rate decision, prior value 3.75%, forecast value 3.75%;
Thursday 03:30, Powell holds a monetary policy press conference;
Thursday 21:30, U.S. Initial Jobless Claims for the week ending January 24 (in thousands);
Friday 21:30, U.S. December PPI YoY;
Saturday 02:30, 2028 FOMC Voter and St. Louis Fed President Musallem speak on the U.S. economy and monetary policy;
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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