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The Federal Reserve is set to release its decision from the December FOMC meeting at 2 p.m. Eastern Time on Wednesday, followed by a press conference with Chair Jerome Powell at 2:30 p.m. The announcement is expected to significantly impact markets.
Rate Cut of 25bps Almost Certain; Focus Shifts to Future Easing Path
A 25 basis point rate cut is anticipated, marking the third reduction this year and bringing the tot...
Rate Cut of 25bps Almost Certain; Focus Shifts to Future Easing Path
A 25 basis point rate cut is anticipated, marking the third reduction this year and bringing the tot...
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I Am 102927471
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Happy Monday, December 16th. The market climbed cautiously this morning after the Nasdaq hit a record trading high. The market awaits a busy week of macro data, with an FOMC rate decision this week, and PCE and GDP data on the way.
$Palantir (PLTR.US)$ was up 1.1%, $MicroStrategy (MSTR.US)$ rose 3%, and $Axon Enterprise (AXON.US)$ gained 0.2% as the three companies were added to the Nasdaq 100 index as part of its annual reconstitution. They will be r...
$Palantir (PLTR.US)$ was up 1.1%, $MicroStrategy (MSTR.US)$ rose 3%, and $Axon Enterprise (AXON.US)$ gained 0.2% as the three companies were added to the Nasdaq 100 index as part of its annual reconstitution. They will be r...
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