Lates News

Despite investors having no doubt about the Federal Reserve's decision to maintain the federal funds rate target range at 3.50%3.75%, the analyst Mabrouk Chetouane from the French bank Natixis pointed out in a report that this monetary policy meeting is still one of the most important meetings of the year. "Kevin Warsh's first meeting as FOMC chair since taking office will face a daunting task," said the global market strategist. He noted that the new Fed chair not only needs to assess the economic situation but may also drive change, especially in central bank communication strategy. "His initial actions and early statements after taking office will be closely watched because the transitional period in this globally influential monetary institution often brings pressure to the capital markets."