The US Federal Reserve (Fed) left the base interest rate unchanged again on Wednesday against the backdrop of economic and labor market growth, and an inflation rate that greatly exceeds central bank targets.
As a widely anticipated move, the Fed's interest rate decision group unanimously agreed to leave the main federal funds interest rates unchanged at 5.25% to 5.5%, which is the target range since July. Following the fact that the Federal Open Market Committee (FOMC) implemented 11 interest rate hikes, including 4 interest rate hikes in 2023, this time it was also held 2 times in a row.
The current decision also included raising the committee's assessment of the economy in general. Stock prices rose in response to this news, and the Dow Jones Industrial Average rose 212 points.
Fed Chairman Powell said at a press conference that “there is a long way to go in the process of sustainably lowering the inflation rate to 2%.” Chairman Powell emphasized that the central bank has yet to decide anything for the December meeting, and stated that “the Commission will always do what it deems appropriate at the time.”
Chairman Powell added that the FOMC is not considering interest rate cuts at this time, or even discussing them. Also,...

summary:
The rating agency Fitch lowered the US government's highest rating on Tuesday. This surprised investors by inviting an angry reaction from the White House despite the resolution of the debt ceiling crisis two months ago.
Fitch lowered the US rating from AAA to AA+ on the grounds of financial deterioration over the next three years and repeated tight debt ceiling negotiations, doubting the government's ability to pay.
Due to this downgrade, Fitch is the second major rating company after S&P to strip the US of its triple A rating.
Implications for the United States
1. The dollar fell in a wide range of currencies; 2. Stock futures fell; 3. US bond futures rose
Analysts' comments
Analysts pointed out the risk that further downgrades by major rating agencies could affect investment portfolios holding the highest rated securities.
However, Raymond James analyst Ed Mills said Tuesday that he doesn't expect the market to respond significantly to the news.
He said, “I understand that after S&P was downgraded, many of these contracts were remade to describe them as 'triple A' or 'government assurance'. Therefore, rather than Fitch's ratings...

I'm looking at the CNN Fear and Greed chart and it seems like it's about to drop, but I can't see any kind of shock happening...
But strangely enough, if you look at the past, something always happens and drops rapidly when you get to your 80s, so after all, CNN's Fear and Greed values need to be monitored.