Date 19 Dec 24 (Thu) : Only 2 Rate Cuts Projection by FOMC in 2025 disappoints the markets

FOMC cut 25 basis points as expected :

-> Fed lowers rates but sees fewer cuts in 2025 due to high inflation

-> Lead to strong USD

-> Currencies (like Yen) are falling against the dollar

-> Strong dollars will continue to drive bitcoin higher

-> If Gold and Bitcoin move higher, commodity prices will in general stay strong, too

-> When commodities are getting expensive, it will drive up the consumer prices and in turn trigger the inflation to go high

-> Inflation refuses to come down, will casue the interest rate to stay high too

BOJ keeps rate unchange

BOE likely will keep rate unchange

Trump opposes funding bill, pushing government closer to a shutdown

Government funding plan collapses after Trump issues demands

Honda-Nissan merger

Recent Posts