Reported 1 day ago
The Federal Reserve's FOMC meeting concludes today, likely leading to a 25-basis-point cut in the Fed funds rate, the first since November 2024. Market analysts predict significant movements across various sectors, including gold and silver's potential sell-off after recent highs, a bullish trend for U.S. Treasury bonds, and upward momentum in grain markets. As the U.S. dollar weakens in anticipation of further rate cuts, the Euro is expected to rise, while stock indexes like the S&P 500 and Nasdaq are currently at record levels despite the typical market turbulence of September and October.
Source: YAHOO