Institution: U.S. stock indexes rose before the Fed's decision, but the recent trend may still be sluggish
the Federal Reserve will announce its interest rate decision later, with the market generally expecting it to remain unchanged. Before the announcement, major stock indices on Wall Street were rising. Currently, people are still worried about trade policy and its impact on the economy. Traders expect the Federal Reserve to cut interest rates by at least 25 basis points twice before December, with the first cut expected in July. The focus will be on policymakers' new economic forecasts, which will help people understand how their policies on President Trump will affect economic growth, inflation, and unemployment. Chris Senyek, Chief Investment Strategist at Wolfe Research, said, "We believe that the likelihood of weakening job reports in the coming months is increasing, ultimately leading to a rate cut at the June meeting of the Federal Reserve. Combined with the highly uncertain tariff path, our conclusion is that the recent trend of the stock market will continue to decline."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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