오늘 PU Xtrader 챌린지에 참여하세요

시뮬레이션 자본으로 거래하고 우리의 트레이더 평가를 통과한 후 실제 이익을 얻으십시오.

  • Tag:
  • Market Insights  >  Weekly Outlook

8 December 2023,01:37

Weekly Outlook

Economists Anticipate The Fed To Keep Rates Steady In December

8 December 2023, 01:37

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Tuesday, 12 Dec, 15:30 – US CPI (MoM) (Nov)

In October, the Consumer Price Index (CPI) remained at 0.0%, below the predicted 0.1%, sustaining stability after a 0.4 percent rise in September. The broader all items index indicated a slowdown, reflecting a trend of price stability across various sectors.

Wednesday, 13 Dec, 09:00 – UK GDP (MoM) (Oct)

September saw a 0.2% GDP increase, driven by professional, scientific, and technical sectors. However, elevated interest rates significantly slow the economy, with economists predicting prolonged stagnation ahead.

Wednesday, 13 Dec, 20:00 – US Fed Interest Rate Decision

The Federal Reserve is expected to maintain the current interest rate range of 5.25% to 5.5% in the upcoming decision next week. This stance comes as October’s Consumer Price Index indicates a continued downward trend in inflation.

Thursday, 14 Dec,14:00 – UK BoE Interest Rate Decision (Dec)

Bank of England governor Andrew Bailey consistently cautioned that despite a notable decline in consumer price inflation, the BoE is unlikely to reduce UK interest rates anytime soon. Expectations suggest interest rates may remain at elevated levels.

Thursday, 14 Dec,15:15 – EU ECB Interest Rate Decision (Dec)

The European Central Bank confirmed no rate cuts in the next couple of quarters. However, some economists now expect the ECB’s first interest rate reduction to occur in the second quarter of 2024.

FacebookLinkedInTwitterShare

Start trading with an edge today

Trade forex, indices, cryptocurrencies, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.

Latest Posts

모든 챌린지 20% 할인. 코드 사용: EG20

도전을 받아들이세요