The year-end spectacle of the Federal Reserve is here: will the first phase of the interest rate cut cycle come to an end tonight?
It is widely expected in the industry that the Federal Reserve will cut interest rates by another 25 basis points in this week's meeting, and there is almost no suspense left.
US Stock Preview | Waiting in suspense! The Federal Reserve's interest rate meeting is tonight, and the three major futures indices are slightly rising; an Order from NASA! Quantum Concept stock QUBT rises more than 15% in pre-market trading, with a cumul
Citigroup supports NVIDIA: It is expected that GPUs will continue to maintain strong momentum, with ASIC accounting for 25% by 2028; Micron Technology rose nearly 2% in pre-market, and is set to release its Q1 performance after the market closes today, with Wall Street expecting EPS to turn from loss to profit.
US Building Permits (Nov) 1.505M Vs 1.430M Est.
USA Current Account (Q3) -310.9B Vs -286.0B Est.; -275.0B Prior
USA Housing Starts (MoM) For November; -1.8% Vs -3.2% YoY
This might be the Federal Reserve Chairman's "wish list" for 2025!
The Federal Reserve will conclude its last interest rate meeting for 2024 on Thursday, which might be the last full year of Chair Jerome Powell's leadership, as his four-year term will expire in May 2026.