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Fed Holds, NFP Up Next

Name: Fed Holds, NFP Up Next
Uploaded: 2024-02-01
Channel: David Kindley
Description: The Fed voted to maintain borrowing costs unchanged in a decision expected by traders.The FOMC also signalled that it is not yet ready to ease its stance imminently, so the next cut could be in the year's second half.A March move is still possible, h

By David Kindley Last updated Feb 1, 2024 43 0

The Fed voted to maintain borrowing costs unchanged in a decision expected by traders.

The FOMC also signalled that it is not yet ready to ease its stance imminently, so the next cut could be in the year’s second half.

A March move is still possible, however, tomorrow’s NFP could be the catalyst.

Timestamps
EURUSD 01:10
USDJPY 02:50

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Federal Reserve (FED)FOMC

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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