The Federal Reserve (Fed) is expected to hold an interest rate decision meeting next week, with Chairman Powell speaking at a news conference.

(AFP)

[Financial Channel/Comprehensive Report] The US Federal Reserve (Fed) will hold an interest rate meeting on November 1 and 2 next week. It is expected to raise interest rates by 3 yards for the fourth time in a row, and interest rates will rise to 3.75% to 4%. However, the outside world is now more concerned about the next move of Chairman Powell (Jerome Powell), whether the policy stance will actually change in December.

According to comprehensive media reports, according to the data released by the Fed in September, it has been suggested that the pace of interest rate hikes may slow down in December, so the outside world is paying attention to the signal of policy changes. Many analysts believe that Powell will "really hint at a press conference next week". "A shift in hawkish stance.

The market expects the Fed to increase by 2 yards in December and then by 1 yards early next year.

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But UBS's chief U.S. economist Jonathan Pingle believes that Powell and his committee members are not ready to signal a rate cut, as the September data may not be enough to convince Fed officials that U.S. inflation pressures have eased.

Powell also can’t rush to endorse any policy, said Stephen Stanley, chief economist at Amherst Pierpont Securities.

If future data fails to match expectations of cooling inflation, that could disrupt the Fed's path to rate hikes.

Greg McBride, chief financial analyst at Bankrate.com, noted that data can change over time, so either way, the Fed wants to keep as much leeway as possible without saying anything specific.

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