Markets are focused today on the first meeting of the US Federal Reserve under its new chairman, Kevin Warsh, amid near-unanimous expectations that rates will remain unchanged despite inflation rising again to 4.2%, driven by an energy shock linked to tensions in the Middle East.
Analysts surveyed by Argaam said that the Fed remains committed to its cautious, data-dependent approach, reinforcing the scenario of leaving rates unchanged at the current meeting while closely watching the tone and messages Warsh will deliver.
Markets are focused today on the first meeting of the US Federal Reserve under its new chairman, Kevin Warsh, amid near-unanimous expectations that rates will remain unchanged despite inflation rising again to 4.2%, driven by an energy shock linked to tensions in the Middle East.
Analysts surveyed by Argaam said that the Fed remains committed to its cautious, data-dependent approach, reinforcing the scenario of leaving rates unchanged at the current meeting while closely watching the tone and messages Warsh will deliver.
