News: 2024.03.20
In its most recent decision, the Federal Reserve announced that policy rates would remain unchanged. The decision attracted market attention as many expected the Federal Reserve to cut interest rates to combat the economic impact of the epidemic. However, the economy is forecast to improve significantly based on the Fed's forecast, making a rate cut slightly more likely on the far side.
According to the specific distribution map released by the Federal Reserve, except for 2 members, the remaining 17 people expect that the real GDP growth rate of the United States this year will exceed 2%. This forecast shows optimism about the economy and reflects the market's confidence in the future.
In addition, members’ expectations for economic growth in 2025 have also significantly increased/shifted to the right. This shows that they are optimistic about economic development in the next few years and believe that the economy will continue to maintain steady growth.
The announcement of the Federal Reserve's decision caused some fluctuations in the market, and investors' concerns about the future economic direction have eased. The stock market saw some volatility after the news was announced, but the overall trend remains stable.
As the epidemic gradually comes under control and the economy gradually regains its vitality, the Federal Reserve will play a key role in future policy measures. Investors will continue to pay attention to economic data and developments from the Federal Reserve to better respond to market changes.