US FOMC Meeting: Interest Rates Likely to Stay Unchanged
- The Federal Reserve’s January meeting is the first interest rate announcement since Donald Trump took office.
- There is a 99.5% probability that rates will remain between 4.25% and 4.5%, according to CME FedWatch data.
- The December meeting saw a 25 basis point cut, marking the third consecutive cut in 2024.
- US PPI data showed inflation at a lower-than-expected rate of 3.3%.
- Strong US job data suggests no immediate need for further rate cuts.
The Federal Reserve is expected to keep interest rates unchanged at its January meeting, with a high probability of maintaining the current range of 4.25% to 4.5%. This decision comes amid strong economic indicators such as lower-than-expected inflation and robust job data.
Source (2.6)https://coingape.com/us-fomc-meeting-2025-live-updates-will-federal-reserve-interest-rate-remain-unchanged-this-year/?rand=24432
