In focus today Today, the US JOLTs labour turnover data for December will be released. The number of job openings, a key measure of labour demand for the Fed, has stabilised in recent months following a steady decline since 2022. The Fed’s Daly and Bostic are scheduled to speak in the evening. In Sweden, the […]
Jan 30, 2025
Fed Pauses Rate Cut Cycle as Tariffs Loom Large
The Federal Reserve Open Market Committee (FOMC) maintained the federal funds rate in the 4.25% to 4.50% range and announced it would continue its balance sheet runoff. The Fed justified its decision to hold rates steady by highlighting that the economy “continued to expand at a solid pace”, while inflation still remains “somewhat elevated”. On […]
The post Fed Pauses Rate Cut Cycle as Tariffs Loom Large appeared first on Action Forex.