Alberto Poli
๐™๐™Š๐™ˆ๐˜พ: ๐˜ผ๐™ฌ๐™–๐™ž๐™ฉ๐™ž๐™ฃ๐™œ ๐™๐™–๐™ฉ๐™š ๐˜พ๐™ช๐™ฉ ๐˜ผ๐™ข๐™ž๐™™ ๐™‹๐™ค๐™ก๐™ž๐™ฉ๐™ž๐™˜๐™–๐™ก ๐™‹๐™ง๐™š๐™จ๐™จ๐™ช๐™ง๐™š ๐™–๐™ฃ๐™™ ๐™€๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ž๐™˜ ๐™๐™ฃ๐™˜๐™š๐™ง๐™ฉ๐™–๐™ž๐™ฃ๐™ฉ๐™ž๐™š๐™จ Great anticipation surrounds tomorrow's FOMC meeting, from which markets expect a 25 basis point interest rate cut, which would bring the cost of money into the 4.00%-4.25% range. After a nine-month pause, the Fed could return to a more accommodating policy, also in light of signs of a cooling labor market. However, inflation โ€“ still above the 2% target โ€“ limits the room for action. ๐Ÿ“ขOn the political front, President Trump has intensified pressure on Governor Jerome Powell, calling for a "bigger than expected" cut and accusing the Fed of acting too late. Along with the rate decision, new macroeconomic projections on growth, employment, and inflation will be published, as well as the new dot plot, which will show individual members' expectations for future rate levels. Analysts foresee a moderately dovish stance, with the possibility of further cuts in 2025. โš’๏ธPowell's press conference will be crucial for interpreting the Fed's positioning: an accommodating tone could push equity markets higher, particularly growth and tech stocks, while a more cautious (hawkish) attitude could support the dollar and curb risky assets. ๐ŸŽฏIn summary, tomorrow's FOMC could represent a turning point for US monetary policy, in a context of growing uncertainty amidst persistent inflation, political pressure, and signs of economic slowdown. ๐˜ฟ๐™ค๐™ฃโ€™๐™ฉ ๐™›๐™ค๐™ง๐™œ๐™š๐™ฉ ๐™ฉ๐™ค ๐™˜๐™ค๐™ฅ๐™ฎ ๐™ข๐™ฎ ๐™ฅ๐™ค๐™ง๐™ฉ๐™›๐™ค๐™ก๐™ž๐™ค! ๐™๐™๐™–๐™ฃ๐™  ๐™ฎ๐™ค๐™ช ๐™›๐™ค๐™ง ๐™ฎ๐™ค๐™ช๐™ง ๐™จ๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ! $EURUSD $SOL $AMD (Advanced Micro Devices Inc) $ORCL (Oracle Corporation)
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