Fed Chair reveals why he's keeping rates frozen - traders betting 60% chance of September cut
Key Points
- The Federal Reserve is likely to keep interest rates unchang...
The Federal Reserve is about to announce whether they're touching interest rates today, and spoiler alert: they're probably not. For the fifth meeting in a row, Jerome Powell and his crew are expected to keep their hands firmly in their pockets, maintaining the same "let's wait and see what happens" approach that has become their trademark.
The Euro's Four-Day Hangover Recovery
Meanwhile, the EUR/USD pair just crawled back to 1.1560 after what can only be described as a four-day bender of losses. European traders are now holding their breath for upcoming Eurozone GDP reports like kids wa...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.