500, dow and Fed
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Stocks slip ahead of Fed announcement
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The Federal Reserve is widely expected to trim interest rates on Wednesday, but if Chair Jerome Powell wants to give markets an added holiday surprise, here's one option: about $45 billion of monthly short-term bill purchases.
The Fed is poised to cut rates despite divisions on the economic outlook and could signal a slower path for easing in 2026.
Bitcoin prices approached the $95,000 level today as speculation surrounding Federal Reserve policy combined with other bullish factors to fuel gains.
Bond traders are betting on a shallower path of Federal Reserve interest-rate cuts in the year ahead, part of a global move to wager that major central banks will slow or halt their monetary easing.
Wall Street is looking to the Fed policy meeting starting today for clues to the odds of more rate cuts in 2026.
In a post, he called $92,000 the “crucial level” for Bitcoin, warning of a “relatively harsh rejection” there and a hawkish press conference from Fed Chair Jerome Powell potentially triggering a classic “sell-the-news” move.
What is expected to be one of the most ructious Federal Reserve policy meetings in years this week could well prove to be the road test for financial markets on how U.S. monetary policy debates will shape up in 2026.
Affordability in America increasingly comes down to one institution, the Federal Reserve, whose decisions ripple through nearly every household budget.